Angelo Castaldi

Angelo Castaldi

June 28, 2024 | Daily Business Review

Supreme Court's Rejection of Purdue Pharma Settlement Redefines Releases in Chapter 11

The U.S. Supreme Court has issued its most anticipated bankruptcy decision in recent memory. As the case's name—Hamilton v. Purdue Pharma—suggests, it stems from the company (Purdue Pharma) and the family (the Sacklers) at the center of the opioid pandemic that has claimed the lives of approximately 247,000 Americans from 1999 to 2019 alone.

By Angelo Castaldi

4 minute read