John Richer for Fierce Pharma - Billionaire Sackler family can't get legal immunity as part of Purdue bankruptcy deal, Supreme Court rules
June 2024
Fierce Pharma
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“In a 5-4 ideologically scrambled opinion, the court ruled that a bankruptcy settlement that proposed a release of all claims and future litigation against the owners of Purdue Pharma, who had not filed for bankruptcy themselves, was a bridge too far under the bankruptcy code,” John Richer from law firm Hall Estil said in written commentary on Thursday.
Founded in 1966 in Tulsa, Oklahoma, Hall Estill is a full-service law firm with clients ranging from Fortune 500 corporations to traditional family businesses, as well as nonprofit organizations, entrepreneurial start-ups and individuals. More than 150 legal professionals work in the firm at offices in Tulsa, Oklahoma City, Denver and Northwest Arkansas, assisting a diversified base of local, regional, national and international clients.
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