Try our Advanced Search for more refined results

Expert Analysis

A 3rd Circ. Opinion On Third-Party Releases

Law360, New York ( August 11, 2014, 10:24 AM EDT) -- In an opinion filed on July 3, 2014, in the case of In re Lower Bucks Hospital et al., Case No. 10-10239 (ELF), the United States Court of Appeals for the Third Circuit affirmed a decision of the United States Bankruptcy Court for the Eastern District of Pennsylvania, which denied approval of third-party releases benefiting the Bank of New York Mellon Trust Co. NA in its capacity as indenture trustee (BNYM, or the trustee). The Third Circuit agreed with the bankruptcy court's finding that the proposed releases were not adequately disclosed to the bondholders as required by Bankruptcy Rule 3016(c), and therefore would not be approved....

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Related Sections

Law Firms

Companies

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!