June 07, 2024 | New York Law Journal
Are Bankruptcy Avoidance Actions Becoming a Marketable Asset Class?Courts have limited standing to pursue those actions to parties who can be classified as a "representative of the estate" under Section 1123 of the Bankruptcy Code. The Fifth Circuit's recent ruling in 'In re South Coast Supply' may change all that.
By Dan McElhinney and Jorian Rose
9 minute read
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