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Settlement Opponents Want BSA Bankruptcy Plan Paused

September 12, 2023 12:15 PM | Anonymous member (Administrator)

The Wall Street Journal reports that opponents of the Boy Scouts of America bankruptcy settlement plan want it temporarily blocked until after the U.S. Supreme Court considers the Purdue Pharma bankruptcy plan.  Last month the Supreme Court determined that it would review whether bankruptcy law can be used to resolve creditor claims against third parties who are not in bankruptcy without the consent of all claimants.  Those releases are central to the plans in both the Purdue Pharma and Boy Scout bankruptcies.  Click here for the article.  

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