June 27, 2024 - This morning, a 5-4 majority of the Supreme Court rejected the plan of confirmation in the Purdue Pharma case.  Because third-party releases are ubiquitous in corporate bankruptcies, the decision has important ramifications for the broadly syndicated and private credit markets.  The LSTA will be hosting a webinar on July 10^th at 4PM (ET) to discuss the Purdue decision and what it may mean for corporate restructurings. The LSTA’s Elliot Ganz will moderate a panel that includes Judge Craig Goldblatt of the Delaware Bankruptcy Court, Phil Anker, a partner at Wilmer Hale, and Dan Kamensky, the founder of the Creditor Rights Coalition. LSTA members can use this link to register for the webinar.