Anna Gumport

Anna Gumport

September 17, 2021 | New York Law Journal

Congress Seeks To Restrict Nondebtor Releases in New Bankruptcy Reform Bill

While some of the concerns regarding nonconsensual third-party releases may be valid, the Nondebtor Release Prohibition Act of 2021 goes too far in limiting what can, in the right circumstances, be a valuable tool in restructurings.

By Thomas R. Califano and Anna Gumport

8 minute read