Will the Acceptance of the Appeal in Purdue Pharma by the U.S. Supreme Court Affect Johnson & Johnson?

Now that the United States Supreme Court has agreed to expeditiously hear the U.S. Trustee’s appeal of the plan confirmation and settlement in Purdue Pharma, lawyers following the LTL Management LLC bankruptcy case, version 2, (“LTL2”) are discussing possible ramifications for J&J. The issue on appeal in Purdue is whether the bankruptcy court had the authority to release members of the Sackler family from the claims being made by opioid claimants and victims….
By: Tucker Arensberg, P.C.