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The Purdue Decision on Third Party Releases and Its Practical Implications

In a landmark decision that will significantly impact future reorganization plans, the Supreme Court categorically held in Harrington v. Purdue Pharma L.P., that bankruptcy courts lack the authority to approve nonconsensual...more

Direct Lenders Are Navigating Rough Seas

Direct lenders need to be strategic about higher default rates, according to partners William Brady, Kris Hansen, and Jennifer Yount- William Brady: Direct lenders are facing challenges on two fronts: they are under...more

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