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Analysis

Justices Avoid Upending Ch. 11 Creditor Payment Practices

By Alex Wolf ( March 23, 2017, 10:21 PM EDT) -- With its ruling that so-called structured dismissals to end Chapter 11 cases cannot sidestep the Bankruptcy Code's creditor priority scheme, the U.S. Supreme Court avoided going so far as to prohibit deviation from the scheme at any time during a case, instead making a carefully tailored decision that doesn't disturb routine practices, experts say....

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