Mass Tort Bankruptcies Stumbled in 2023. Could Some Fall Apart Next Year?

Mass tort bankruptcies took some big hits in 2023, with two of them dismissed outright, and two more potentially hanging in the balance.

The U.S. Supreme Court heard oral arguments on Dec. 4 in a closely watched case involving the release of liability granted to the Sacklers, founders of Purdue Pharma, as part of the opioid manufacturer’s $6 billion bankruptcy plan.

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