Bankruptcy Law Section

The Bankruptcy Law Section focuses on issues involving bankruptcy law. The section’s executive committee develops projects for its members ranging from legislative proposals to their annual two-day Bankruptcy Forum and associated social events.

Chair
Miller Martin PLLC
832 Georgia Ave # 1200
Chattanooga, TN 37402-2289
(423)785-8383
Vice-Chair
Tennessee Attorney General's...
Po Box 20207
Nashville, TN 37202-4015
(615)741-1935
Immediate Past Chair
Wilson & Assoc PLLC
5050 Poplar Ave., Suite 115
Memphis, TN 38157
(901)578-9914
Staff Coordinator
Tennessee Bar Association
221 4th Avenue N. Suite 400
Nashville, TN 37219
(615)383-7421

Purdue Pharma Considers Bankruptcy

Facing numerous lawsuits over its role in the U.S. opioid crisis, Purdue Pharma is considering filing for bankruptcy, USA Today reports. As the first trial date is nearing in hundreds of lawsuits aiming to hold the company accountable for its role in the nationwide crisis, bankruptcy proceedings would likely pause litigation. A federal bankruptcy judge would have wide discretion on how to proceed with the claims against the company and other drugmakers and distributers. Hundreds of claims from local and state governments that have sued the company could be impacted. While Purdue's role is just one aspect of the litigation, critics assign a lot of blame to the company because it developed OxyContin and pursued an aggressive marketing strategy for the drug. 

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Brookhaven Retreat Abruptly Closes and Files for Bankruptcy

Brookhaven Retreat in Seymour, Tenn. closed its doors without warning earlier this month and filed for bankruptcy, Knoxville News Sentinel reports. The private facility treated women with addiction and mental-health issues. Around 40 employees reported they were left unpaid for three to four weeks of work. The retreat made national news in 2016 when it housed singer/actress Selena Gomez. A 30-day stay at the facility cost between $40,000-$50,000 and advertised fine dining, equine therapy, gardening and other benefits. 

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