July 15, 2024 On June 27, 2024, in a narrow 5-4 vote, the Supreme Court ruled that the nonconsensual third-party release against non-debtors that comprised an essential part of a proposed settlement are not authorized by any provision in the Bankruptcy Code. In...
![SCOTUS Decision Jeopardizes $6 Billion Opioid Settlement by Denying Nonconsensual Third-Party Releases for the Sackler Family](https://verusllc.com/wp-content/uploads/2024/07/opiod-epedemic.jpg)