US Trustee Opposes Colt's Ch. 11 Plan As Too Broad

By Bryan Koenig ( December 11, 2015, 1:45 PM EST) -- A U.S. Trustee is asking a Delaware bankruptcy judge not to confirm a Chapter 11 reorganization plan for Colt, describing it Thursday as overly broad and one that improperly alleviates third parties from liability to even those claims holders who don't vote on the plan and don't opt out. ...

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