Harvard Law School Bankruptcy Roundtable

The Bankruptcy Roundtable

Promoting the dissemination of academic and practitioner views of current bankruptcy issues

[Purdue Pharma Bankruptcy Series] The Rule of the Deal: Bankruptcy Bargains and Other Misnomers and Sorting Bugs and Features of Mass Tort Bankruptcy
by Editor
October 3, 2023
The next few posts will address Purdue’s bankruptcy in particular and the issues raised by third-party releases and mass tort bankruptcies more generally. This week’s post features two articles, one about how the private bargaining and negotiations (the “rule of the deal”) for the Purdue Pharma Bankruptcy was problematic, and another about the flaws and features of the current state of mass tort bankruptcy, including about third party releases.

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