Davis Polk partner and Restructuring practice co-head Marshall Huebner and Civil Litigation partner Ben Kaminetzky were highlighted in AmLaw Litigation Daily’s end-of-year round up for their landmark win for Purdue’s stakeholders. On May 30, 2023, a Davis Polk team led by Marshall and Ben successfully convinced the Second Circuit to overturn a district court ruling finding the bankruptcy code didn’t authorize liability releases for the Sackler family. The Second Circuit exhaustively reviewed the law and set forth a new seven-factor test for evaluating third-party releases.

Purdue is one of the largest and most complex mass tort cases in U.S. history – and with the largest claims pool of any bankruptcy in U.S. history.

Encore! One Last Look at 2023’s Litigators of the Week,” AmLaw Litigation Daily (December 21, 2023) (subscription required)