Redefines

Supreme Court’s Latest Ruling on Purdue Case Redefines Legal Landscape for Mass Torts Defendants

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Washington — In a landmark decision, the U.S. Supreme Court has issued a ruling that significantly affects the strategy of mass tort defendants, notably altering their range of options in legal proceedings. This pivotal ruling, centering on Purdue Pharma’s high-profile bankruptcy case, has implications for how large-scale legal actions against corporations may be structured in the future. The case arose from Purdue Pharma’s attempt to settle thousands of lawsuits tied to the opioid epidemic while filing for bankruptcy. Plaintiffs accused the company of aggressive marketing practices that contributed to widespread opioid addiction and deaths. In … Read more

Supreme Court Ruling Redefines Chapter 11 Terrain in Landmark Purdue Pharma Case

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Washington, D.C. – A recent Supreme Court decision has significantly reshaped the landscape of Chapter 11 bankruptcy, particularly spotlighting the case involving Purdue Pharma. This ruling may set a new precedent for how large corporations can handle bankruptcy claims, especially with the added complexity of widespread public health implications. Chapter 11 bankruptcy, often used by corporations to reorganize and continue operation while managing debt, has been thrust into the spotlight amid the opioid crisis. Purdue Pharma, known for manufacturing the powerful painkiller OxyContin, filed for bankruptcy in 2019 as it faced thousands of lawsuits alleging … Read more