Reuben E. Dizengoff

Aug 19, 2024 | mondaq.com | Douglas Mintz |Reuben E. Dizengoff

In their article for the Journal of Bankruptcy Law titled "US Supreme Court Rules on Purdue Pharma Chapter 11 Plan: No Authorization for Release of Nonconsensual Claims Against Third Parties," Schulte Roth and Zabel partner Doug Mintz and associate Reuben Dizengoff examine a significant bankruptcy ruling by the US Supreme Court.

Jul 10, 2024 | mondaq.com | Douglas Mintz |Reuben E. Dizengoff

On June 27, 2024, in a highly anticipated ruling, the Supreme Court held that the Bankruptcy Code does not authorize the release of claims against non-debtors without the consent of affected claimants in a ruling springing from the Purdue Pharma bankruptcy.

Jul 3, 2024 | srz.com | Douglas Mintz |Reuben E. Dizengoff

AlertsOn June 27, 2024, in a highly anticipated ruling, the Supreme Court held that the Bankruptcy Code does not authorize the release of claims against non-debtors without the consent of affected claimants in a ruling springing from the Purdue Pharma bankruptcy.

Jan 30, 2024 | mondaq.com | Douglas Mintz |Robert Brown |Reuben E. Dizengoff

The Third Circuit reversed the Bankruptcy Court explicitly, holding that the Bankruptcy Code "mandates the appointment of an examiner to investigate FTX's management." The Court of Appeals rejected the Bankruptcy Court's ruling that the Bankruptcy Code, by permitting the Court to appoint an examiner "as is appropriate," gives the Court the flexibility to appoint no examiner in this case, holding that the Code mandates that the Court "shall" appoint an examiner provided the case at hand meets...

Dec 13, 2023 | mondaq.com | Douglas Mintz |Reuben E. Dizengoff |Christiana Johnson

On Dec. 4, 2023, the US Supreme Court heard oral arguments in Harrington v. Purdue Pharma L.P., No. 23-124 (US argued Dec. 4, 2023), on whether a bankruptcy court may approve a Chapter 11 reorganization plan that non-consensually releases direct claims against non-debtor third parties. The Court's decision may dictate whether a third-party non-debtor will be able to discharge civil litigation claims without having to file for bankruptcy or follow Bankruptcy Code requirements.