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Expert Analysis

3rd Circ. Paves Way For Rising Structured Dismissal Use

Law360, New York ( June 3, 2015, 2:33 PM EDT) -- In a recent decision, the United States Court of Appeals for the Third Circuit upheld the structured dismissal of a Chapter 11 case despite the fact that it provided for distributions to creditors that deviated from the priority scheme established under the Bankruptcy Code....

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