Analysis

SDNY Bench Split On Ch. 11 Release Consent Issues

By Alex Wolf ( April 15, 2019, 8:11 PM EDT) -- Bankruptcy reorganization plans often include provisions that allow executives, advisers and others involved with the company to ditch their own potential liabilities. Determining whether these releases have the required consent of affected stakeholders can be tricky, and New York bankruptcy judges appear to have conflicting views....

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