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5th Circ. Upholds Ban On Nondebtor Releases In Vitro Case

By Carolina Bolado ( November 28, 2012, 8:15 PM EST) -- The Fifth Circuit on Wednesday refused to sign off on the nondebtor affiliate releases in Vitro SAB de CV's reorganization plan, ruling that the Mexican glassmaker's case did not fall under the "exceptional circumstances" that would allow such releases under the U.S. bankruptcy code....

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