“Financially distressed companies in the US often seek refuge in federal bankruptcy court to auction valuable assets and pay creditor claims. Mass tort defendants – including Purdue Pharma, Johnson & Johnson, Boy Scouts of America, and USA Gymnastics – introduce new complexities to customary dynamics in US bankruptcy cases. Many mass tort defendants engage in malfeasance that inflicts widescale harm …” (more)
[Samir D Parikh, Oxford Business Law Blog, 10 March]
First posted 2022-03-11 10:00:59
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