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Harrington V. Purdue Pharma L.P.
''Harrington v. Purdue Pharma L.P.'', 603 U.S. 204 (2024), is a United States Supreme Court case regarding Chapter 11 of the Bankruptcy Code. The case addressed the 2022-2023 Purdue Pharma bankruptcy settlement and whether, under Chapter 11 of the Bankruptcy Code, a release extinguishing claims held by nondebtors against nondebtor third parties, without the claimants’ consent could move forward. Following deliberations, the justices determined that the Bankruptcy Code did not authorize the claimant's order, blocking the bankruptcy plan. Background In 1995, Purdue Pharma developed and produced OxyContin, a semi-synthetic opioid. It was subsequently approved by the Food and Drug Administration. From 1996 to 2001, Purdue Pharma extensively marketed OxyContin to both doctors and patients, claiming the drug had little to no risk of addiction. During this period of outreach and marketing, six members of the Sackler family sat on the company's board, including Richard Sackler, who ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fraud
In law, fraud is intent (law), intentional deception to deprive a victim of a legal right or to gain from a victim unlawfully or unfairly. Fraud can violate Civil law (common law), civil law (e.g., a fraud victim may sue the fraud perpetrator to avoid the fraud or recover monetary compensation) or criminal law (e.g., a fraud perpetrator may be prosecuted and imprisoned by governmental authorities), or it may cause no loss of money, property, or legal right but still be an element of another civil or criminal wrong. The purpose of fraud may be monetary gain or other benefits, such as obtaining a passport, travel document, or driver's licence. In cases of mortgage fraud, the perpetrator may attempt to qualify for a mortgage by way of false statements. Terminology Fraud can be defined as either a civil wrong or a criminal act. For civil fraud, a government agency or person or entity harmed by fraud may bring litigation to stop the fraud, seek monetary damages, or both. For cr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
DLA Piper
DLA Piper is a law firm with offices in over 40 countries across the Americas, Asia Pacific, Europe, Africa, and the Middle East. It was founded in 2005 through the merger between three law firms: San Diego–based ''Gray Cary Ware & Freidenrich LLP'', Baltimore-based ''Piper Rudnick LLP'' and United Kingdom–based ''DLA LLP''. DLA Piper is now composed of multiple partnerships operating under a shared global network in an organizational structure known as a Swiss Verein. History Origins DLA Piper's origins can be traced back to four law firms: Dibb Lupton Broomhead, Alsop Stevens, Piper & Marbury, and Rudnick & Wolfe. Dibb Lupton Broomhead was a UK law firm that was formed in 1988 after the merger of Dibb Lupton and Broomhead & Neals. In 1996, the firm merged with the Liverpool-based law firm, Alsop Wilkinson, and became Dibb Lupton Alsop (DLA). Meanwhile, in the United States, Piper & Marbury was founded in Baltimore, Maryland, and merged with Chicago-based Rudnick & Wolfe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NBC News
NBC News is the news division of the American broadcast television network NBC. The division operates under NBCUniversal Media Group, a division of NBCUniversal, which is itself a subsidiary of Comcast. The news division's various operations report to the president of NBC News, Rebecca Blumenstein. The NBCUniversal News Group also comprises MSNBC, the network's 24-hour liberal cable news channel, as well as business and consumer news channels CNBC and CNBC World, the Spanish language and United Kingdom-based Sky News. NBC News aired the first regularly scheduled news program in American broadcast television history on February 21, 1940. The group's broadcasts are produced and aired from 30 Rockefeller Plaza, NBCUl's headquarters in New York City. The division presides over the flagship evening newscast ''NBC Nightly News'', the world's first of its genre morning television program, ''Today (American TV program), Today'', and the longest-running television series in American hi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Market Watch
This is a list of programs broadcast by CNBC. CNBC is an American basic cable, internet and business news television channel owned by NBCUniversal News Group, a division of NBCUniversal, which is owned by Comcast. It was originally established on April 17, 1989 by a joint venture of NBC and Cablevision as the Consumer News and Business Channel. Current programming Weekday programs *''Closing Bell'' *'' Fast Money'' *'' Mad Money'' *''Money Movers'' *'' Power Lunch'' *'' Squawk Box'' *'' Squawk on the Street'' *'' Street Signs Europe'' *''The Exchange'' *'' Worldwide Exchange'' Primetime programs *'' American Greed'' *''Jay Leno's Garage'' *''Money Court'' *''No Retreat: Business Bootcamp'' Former programming Weekday programs *'' America Now'' *''Before the Bell'' *''Bull Session'' *'' Bullseye'' *'' Business Center'' *''Business Insiders'' *'' Business Tonight'' *'' The Call'' *'' Capitol Gains'' *''CNBC Sports'' *''The Edge'' *'' Kudlow & Company'' *''Kudlow & Cramer'' *''Las ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Court Of Appeals For The Second Circuit
The United States Court of Appeals for the Second Circuit (in case citations, 2d Cir.) is one of the thirteen United States Courts of Appeals. Its territory covers the states of Connecticut, New York (state), New York, and Vermont, and it has appellate jurisdiction over the United States district court, U.S. district courts in the following United States federal judicial district, federal judicial districts: * United States District Court for the District of Connecticut, District of Connecticut * United States District Court for the Eastern District of New York, Eastern District of New York * United States District Court for the Northern District of New York, Northern District of New York * United States District Court for the Southern District of New York, Southern District of New York * United States District Court for the Western District of New York, Western District of New York * United States District Court for the District of Vermont, District of Vermont The Second Circui ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CBS News
CBS News is the news division of the American television and radio broadcaster CBS. It is headquartered in New York City. CBS News television programs include ''CBS Evening News'', ''CBS Mornings'', news magazine programs ''CBS News Sunday Morning'', ''60 Minutes'', and ''48 Hours (TV program), 48 Hours'', and Sunday morning talk show, Sunday morning political affairs program ''Face the Nation''. CBS News Radio produces hourly newscasts for hundreds of radio stations, and also oversees CBS News podcasts like ''Major Garrett, The Takeout Podcast''. CBS News also operates CBS News 24/7, a 24-hour digital news network. Up until April 2021, the president and senior executive producer of CBS News was Susan Zirinsky, who assumed the role on March 1, 2019. Zirinsky, the first female president of the network's news division, was announced as the choice to replace David Rhodes (CBS News President), David Rhodes on January 6, 2019. The announcement came amid news that Rhodes would step do ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bloomberg Law
Bloomberg Law is a subscription-based service that uses data analytics and artificial intelligence for online legal research. The service, which Bloomberg L.P. introduced in 2009, provides legal content, proprietary company information and news information to attorneys, law students, and other legal professionals. More specifically, this commercial legal and business technology platform integrates Bloomberg Law News with Bloomberg Industry Group's primary and secondary legal content and business development tools.New Bloomberg Law App Provides Seamless Access To Personalized Content , ''PR Newswire'' (Feb 21, 2014). [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States District Court For The Southern District Of New York
The United States District Court for the Southern District of New York (in case citations, S.D.N.Y.) is a federal trial court whose geographic jurisdiction encompasses eight counties of the State of New York. Two of these are in New York City: New York (Manhattan) and Bronx; six are in the Hudson Valley: Westchester, Putnam, Rockland, Orange, Dutchess, and Sullivan. Appeals from the Southern District of New York are taken to the United States Court of Appeals for the Second Circuit (except for patent claims and claims against the U.S. government under the Tucker Act, which are appealed to the Federal Circuit). Because it covers Manhattan, the Southern District of New York has long been one of the most active and influential federal trial courts in the United States. It often has jurisdiction over America's largest financial institutions and prosecution of white-collar crime and other federal crimes. Because of its age, being the oldest federal court in the histo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Robert Drain
Robert D. Drain (born ) is a former United States bankruptcy judge of the United States Bankruptcy Court for the Southern District of New York who has presided at several high-profile corporate bankruptcies. Early life Drain received a B.A. degree cum laude with honors in 1979 from Yale University and J.D. in 1984 from Columbia University School of Law where he was a Harlan Fiske Stone Scholar for three years. He was a partner in the bankruptcy department of the New York firm Paul, Weiss, Rifkind, Wharton & Garrison when he was appointed to be judge in 2002. He was also an adjunct professor of law at St. John's University School of Law's LLM in Bankruptcy Program for several years and is an adjunct professor at the Pace University School of Law. He retired from the court in June 2022 and joined the Corporate Restructuring Group at the law firm Skadden, Arps, Slate, Meagher & Flom. Notable cases He has presided over the bankruptcies of: * A&P *Cenveo * Christian Brothers * ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
