Parties for and against keeping the Boy Scouts of America’s Chapter 11 plan in place have weighed in on how or if the Supreme Court of the United States’ June 27 opinion in Harrington v. Purdue Pharma changes the plan’s validity.
In briefing submitted to the U.S. Court of Appeals for the Third Circuit on Aug. 7, objectors to the plan claim the Purdue Pharma ruling signals the non-consensual third party releases in the BSA’s plan aren’t legal under the bankruptcy code, while supporters argue the decision is worded in a way that explicitly excludes the plan.
