The Opioid Bankruptcy: Purdue Pharma, the Sacklers, and the Future of Bankruptcy Law

A Conversation with Professors Anthony Casey and Lindsey Simon

On December 4th, the Supreme Court will hear its biggest bankruptcy case in decades. At issue is a simple but impactful question: Can the Sackler family be released of its liability for the opioid crisis in Purdue Pharma's bankruptcy?

The answer to that question promises to reshape bankruptcy practice as well as tort litigation and to define, for decades to come, the role of bankruptcy courts in addressing wide-ranging societal injuries.