Did the Third Circuit Just Create a Backdoor Around Purdue? A Closer Look at the Boy Scouts Ruling and Section 363(m)
By EsqSocial Corporation 19/05/25
On May 13, 2025, the Third Circuit issued a high-stakes opinion in In re Boy Scouts of America, affirming the confirmation of a Chapter 11 plan that includes nonconsensual, nondebtor third-party releases—despite the U.S. Supreme Court’s landmark ruling in Purdue Pharma, which now prohibits such provisions. The twist?...
By: Nelson Mullins Riley & Scarborough LLP