BREAKING: Justices Nix 3rd Party Liability Releases In Purdue Ch. 11 Plan
By Vince Sullivan
The U.S. Supreme Court shot down the validity of nonconsensual third-party releases in an opinion issued Thursday in the case of bankrupt drugmaker Purdue Pharma LP, potentially exposing the Sackler family members who own the company to personal liability for the company's role in the opioid crisis.