Live Audio — Oral Argument In US Sup. Ct. — Sacklers’ Escape Hatch / Purdue Pharma Bankruptcy Maneuvers…

Here is the link. And… here is the CSPAN link — if the Supremes’ own link is too clogged.

Once we are rolling, I may drop some comments, below:

…Waiting on the “Oyez”

➢ We are underway. Counsel for US Bankruptcy Trustee Harrington now setting the table….

➢ Chief Justice Roberts is now questioning him….

➢ Justice Gorsuch is now questioning regarding “major questions” doctrine. . . “Congress doesn’t hide elephants in mouseholes”, says counsel for Harrington.

➢ And Congress was clear: this is not authorized by the bankruptcy statutes — so as a “major question”, Congress already answered it. The answer is “No” — to the Sacklers’ gambit.

➢ Justice Sotomayor is now asking about how an “opt-in” process would work. But the US Trustee is pointing out that the Sacklers must contribute ALL their assets, not just 15%, if they want to be released in bankruptcy. That’s clear federal law.

➢ Justice Brown-Jackson is helping the US Trustee… by saying this “isn’t it true — that this is more than just trying to “torture” the word “appropriate”… into it is “appropriate” for the alleged wrong-doers to keep ~$15 billion — when they won’t enter bankruptcy themselves….”

➢ In the end, the way this would horribly impact injured Canadians (by depriving them of rights under local Canadian law, in Canada — in injury lawsuits against the Sacklers, directly) might be what may control the Supremes’ thinking….

➢ The US laws cannot extinuish claims against the Sacklers’ that arise in Canada, by Sacklers’ billions in sales, of Oxy- in Canada — where the Sacklers DO NOT SURRENDER ALL THEIR ASSETS to the US Bankruptcy courts (for delivery to the injury plaintiffs, globally)….

➢ There is a “constitutional due process problem” where people who are not even being allowed to ask to opt out, are bound — by someone (i.e., Sacklers) that reaps the benefit of the laws that they haven’t submitted to, themselves, says Justice Sotomayor. She is correct.

More soon. Smiling….

नमस्ते

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