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August 01, 2024 | Daily Business Review

MDL Judge Faces Ruling on Who Should Be in Charge of Claims by FTX Customers

In a response to three questions posed by the federal district court in Miami, Adam Moskowitz, managing partner at the Moskowitz Law Firm, announced on Thursday that all FTX victims may actually be made "whole" in the multidistrict litigation.
5 minute read
July 25, 2024 | Law.com

'It Was a Very Long Battle': Why Talc Victims Could Vote for J&J's Third Bankruptcy

Beasley Allen's Andy Birchfield, whose firm has led opposition to another talc bankruptcy, acknowledged to Law.com: "I would be really surprised if J&J were to lose this vote."
7 minute read
July 15, 2024 | The Legal Intelligencer

Eckert Seamans' $45M Settlement Over Ponzi Scheme Entanglement in Doubt After SCOTUS Scraps Purdue Pharma Deal

"The Supreme Court in Harrington made it clear that federal courts can no longer 'look the other way' and issue such free passes to mass tortfeasors such as Eckert who refuse to place their assets on the settlement negotiation table," argued attorney George Bochetto.
6 minute read
July 11, 2024 | New York Law Journal

NY Ready to Reopen Claim Against Purdue Pharma, If 60-Day Negotiating Window Closes Without Accord

The developments follow the U.S. Supreme Court's 5-4 ruling on June 27 that rejected a nationwide settlement.
4 minute read
July 03, 2024 | Law.com

Critical Mass With Law.com's Aleeza Furman: High Court Blocks Purdue's Bankruptcy, MDL Cases Are on the Rise

This week: The U.S. Supreme Court issued a ruling on Purdue Pharma's bankruptcy plans that could have ramifications for other mass tort defendants. Reports show that multidistrict litigation is making up a growing percentage of the federal civil docket. Find out who stepped in to defend BIC USA Inc. in a proposed class action alleging the company's razors contain per- and polyfluoroalkyl substances.
7 minute read
Law Journal Press | Digital Book Florida Construction Defect Litigation 2025 Authors: Gary L. Brown View this Book

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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.
4 minute read
June 27, 2024 | Connecticut Law Tribune

'Sackler Family's Greed': AG Tong Applauds SCOTUS Rejection of Purdue Bankruptcy Deal

"This decision is a definitive rebuke of the Sackler family's abuse of the bankruptcy code," Connecticut Attorney General William Tong said.
3 minute read
June 27, 2024 | New York Law Journal

Supreme Court Blocks Purdue Pharma's $6B Bankruptcy Plan Over Sackler Protections

While recognizing the broad power of bankruptcy judges to discharge a debtor's debts, the court said "nothing permits a court to wipe a slate clean" for nondebtors such as the Sacklers when it comes to the future claims of third parties.
4 minute read
June 27, 2024 | National Law Journal

Supreme Court Blocks Purdue Pharma's $6B Bankruptcy Plan Over Sackler Protections

While recognizing the broad power of bankruptcy judges to discharge a debtor's debts, the court said "nothing permits a court to wipe a slate clean" for nondebtors such as the Sacklers when it comes to the future claims of third parties.
4 minute read
June 25, 2024 | National Law Journal

Supreme Court to Rain Down Blockbusters in Race to Recess

The justices have announced they will issue decisions Wednesday, Thursday and Friday in what many expect to be the final days before the court breaks for summer recess, though it has in the past taken until the first week of July to complete its work.
14 minute read

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