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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. [1] 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.
HMV is a British music and entertainment retailer, founded in 1921. The brand is owned by JD Sports and operated by Sunrise Records, except in Japan, where it is owned and operated by Lawson.
This is a list of Supreme Court of the United States cases in the area of bankruptcy. This list is a list solely of United States Supreme Court decisions about applying law related to bankruptcy. Not all Supreme Court decisions are ultimately influential and, as in other fields, not all important decisions are made at the Supreme Court level.
The chain filed for its second bankruptcy and liquidation on August 7, 2019, [13] closing the remaining 54 stores [14] with plans to auction its intellectual property. [15] ALDO filed for bankruptcy on May 7, 2020, citing repercussions related to the COVID-19 pandemic as to why. [16] The shoe chain emerged from bankruptcy two years later. [17]
The Bankruptcy Judge rejected these arguments. Marrama appealed to the Bankruptcy Appellate Panel for the First Circuit, which affirmed the lower court's ruling. [3] On appeal from the panel, the full First Circuit Court of Appeals affirmed, rejecting the argument that §706(a) gives a Chapter 7 debtor an absolute right to convert to Chapter 13 ...
Whether a bankruptcy trustee may avoid a debtor’s tax payment to the United States under when no actual creditor could have obtained relief under the applicable state fraudulent-transfer law outside of bankruptcy. June 24, 2024: December 2, 2024 United States v. Skrmetti: 23-477
SCS Credit Corp., 541 U.S. 465 (2004), was a decision by the United States Supreme Court regarding a cramdown in the value of a loan during a Chapter 13 bankruptcy. The "decision that had no majority opinion, four justices held that the proper rate was the 9.5 percent one arrived at by modifying the average national loan rate to make up for the ...
In January 2013, HMV Group plc would later be rescued by Hilco Capital, who retained the His Master's Voice trademark rights when they sold the HMV stores to Sunrise Records. [ 10 ] In January 2017, Warner Music Group launched Warner Classics digital efforts as 'Dog and Trumpet' due to not having the 'His Master's Voice' trademark rights.