Insights from Fox Rothschild's National Bankruptcy Practice
In a recent an opinion, the Delaware Bankruptcy Court enforced the broad release language in a confirmation plan to release certain entities that were never intended to be released.
The…
Continue Reading Beware of Broad Release Language in Confirmation Plan
In ruling a motion to dismiss, the Third Circuit Court of Appeals considered whether the purchaser of the Debtors’ shares post-confirmation was bound by releases contained in the plan of…
Continue Reading Third Circuit: Releases Contained in Confirmed Chapter 11 Plans are Res Judicata
