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Analysis

Purdue's High Court Case Puts Bankruptcy Pragmatism On Trial

By Hilary Russ ( December 1, 2023, 4:35 PM EST) -- Purdue Pharma's oral arguments before the U.S. Supreme Court on Monday are likely to cover several exalted ideas, including the constitutional limits of America's bankruptcy code and the moral implications of letting billionaires off the hook for their company's role in the opioid epidemic. But some experts say the case threatens a humbler factor at the very heart of bankruptcy practice itself: pragmatism....

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