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Prof. Jacoby

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24 Nov, 4 tweets, 3 min read

WSJ, Reuters, Boston Globe challenge secrecy in #PurduePharma bankruptcy, seek unsealing of key documents.

First, though, news outlets need presiding judge to technically let them intervene to participate in the case.

Here are things presiding judge has said about reporters covering Purdue Pharma so far.

Update: news outlets requesting ALL sealed documents in #PurduePharma bankruptcy be available to the public.

@CEBismuth

Update: thanks to news media requests, more #PurduePharma info becoming publicly available, accessible here: restructuring.primeclerk.com/purduepharma/H….

h/t @CEBismuth

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Prof. Jacoby

@melissabjacoby

21 Mar 18

Typical for large chapter 11 cases, Weinstein Co. docket already contains zillion pages. Only partway through, but quick comments so far:

1: job saving rationale of ch 11 hard to apply to this case. 85 FT employees, & employees not likely sticking point to non-bankruptcy sale, & severance packages would be less expensive than even truncated ch 11.

2: purpose more likely to be to cleanse company of liability stemming from fact that "more than 80 women have stepped forward to accuse HW- a man whose name is eponymous with TWC - of sexual harassment, assault, or rape." (Doc 7 p 15).

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