IWIRC Virtual Programs Substantive Webinar: Third-Party Releases After Purdue Pharma, Chapter 15 as the New Frontier
IWIRC Virtual Programs Substantive Webinar on November 19, 2026 at 9 am ET.
After the U.S. Supreme Court’s decision in Harrington v. Purdue Pharma L.P. (2024), eliminated nonconsensual third-party releases in Chapter 11, practitioners have turned to Chapter 15 as an alternative—obtaining releases in foreign insolvency proceedings and then seeking U.S. recognition grounded in international comity. Recent contested decisions have confirmed that Chapter 15 courts retain authority where the foreign proceeding is procedurally fair. This panel will explore the legal framework, strategic implications, and developing limits of what has become one of the most significant post-Purdue trends in cross-border restructuring.
Please join us for this virtual program featuring IWIRC members.