ATRA Reiterates Support for Chapter 11 Bankruptcy Use to Address Mass Tort Litigation, Urges Meaningful Dialogue Amid Senate Judiciary Committee Hearing
Kapila v. Grant Thornton LLP
(11th Circ., filed July 30, 2018): Arguing that the in pari delicto defense should apply in cases involving bankruptcy trusts. The defense prevents a wrongdoer from attempting to shift its liability to another that was involved to an equal or lesser extent in the improper conduct.
On March 22, 2019, the Court ruled in favor of ATRA’s position and affirmed the lower court’s decision.
The lack of oversight and transparency around third-party litigation funding threatens the integrity of our legal system
Together, let’s forge a legal landscape that makes equitable access to justice a living reality for all Georgians.
This is an opportunity to reassess the practices and regulations surrounding private-attorney contracting and to enact reforms that promote fairness, transparency and value for taxpayer dollars.
Allowing the company to continue the bankruptcy process will help ensure equitable and efficient resolution in complex mass tort claims