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There is longstanding controversy concerning the validity of third-party release provisions in non-asbestos trust chapter 11 plans that limit the potential exposure of various. ....
There is longstanding controversy concerning the validity of third-party release provisions in non-asbestos trust chapter 11 plans that limit the… ....
Summary of Purdue Pharma, L.P. v, City of Grand Prairie (In re Purdue Pharma, L.P.), No. 22–110 – Bk (2d Cir. May 30, 2023) - In a long awaited decision, the United. ....
Exculpation clauses limiting the liability of certain entities for actions taken in connection with a bankruptcy case are a common feature of chapter 11 plans. However, courts disagree. ....
The "Texas Two-Step" is a controversial legal maneuver used by businesses to shed mass-tort liabilities in bankruptcy. In a recent article featured in the American Bankruptcy Institute Journal. ....