Ice Co. Investors Can't Sue Over Dividend, 3rd Circ. Says

By Bill Wichert ( August 21, 2018, 4:07 PM EDT) -- Investors in Canadian ice maker Arctic Glacier International Inc. are barred from pursuing claims that they are owed a dividend from the sale of assets under the company's bankruptcy reorganization plan, because the plan included provisions shielding the business from such liability, the Third Circuit has ruled....

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