ABI Presents | Strategies and Perspectives
Purdue Pharmaceuticals Bankruptcy as a Test Case for Third-Party Releases of Liability

On April 29, 2022, the Second U.S. Circuit Court of Appeals listened to oral arguments regarding the viability of the “legal shield” that would protect members of the Sackler family and Purdue Pharma from lawsuits related to the prescription opioid OxyContin, a factor that has been deemed important in the confirmation of the company’s plan of reorganization. This program will address the legal and business issues that became so prominent in the course of the case and as precedent for chapter 11 bankruptcies that will follow.

ABI’s Strategies and Perspectives Series highlights complex recently confirmed bankruptcies through moderated discussions amongst industry luminaries who were involved in the case. The next program, featuring Purdue Pharmaceuticals, will be moderated by the WSJ Pro, presented virtually, produced on a sophisticated technology platform, and formatted as a 90-minute discussion. The program will be livestreamed on key platforms and will include a question-and-answer session administered by ABI staff.

  • TBD panel
  • TBD | Q&A from the audience

1.0 hour of general CLE credit is available in the following pre-approved 60-minute-hour states (1.8 hours in 50-minute-hour states): AK, AL, AR, CA, DE, GA, IL, MO, NJ, PA, SC, TN, TX, VT, WI and WV. These states follow an approved-jurisdiction policy: AZ, CO, CT, NH and NY. ABI will submit attendance to DE, IL, NV, PA, TN and TX. Attendees from Illinois claiming credit more than 30 days after an event will be charged the $25 Illinois late-credit claim fee that went into effect on Jan. 1, 2020.

For those jurisdictions not listed, ABI will not seek direct accreditation; attorneys will need to self-submit. Some states might not allow self-submission.

Following the webinar you will receive a link to a survey which must be completed in order to claim CLE credit. Within 30 days of the event, you will receive an email from the American Bar Association asking you to complete an affidavit for your CLE credit.

Should you have any questions please contact us at support@abi.org

  • Overview and Agenda: Anatomy of the Hertz Chapter 11
    PowerPointPDF
  • Moderator and Presenter Biographies
    PDF
  • Notice Of Filing Of Second Revised Letter Of The Official Committee Of Unsecured Creditors In Support Of The Fourth Modified Second Amended Joint Chapter 11 Plan Of Reorganization Of The Hertz Corporation And Its Debtors Affiliates, Filed April 21, 2021.
    PDF
  • Bloomberg Law: Analyses and Checklists
    PDF

Featured Luminaries

Moderated By

WSJ Pro

Sponsored By

Sponsor LogoSponsor LogoSponsor Logo

You May Also Be Interested In