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Kenneth A Listwak

Kenneth A Listwak

September 13, 2018 | The Legal Intelligencer

Literal Meaning of Release Provisions Enforced Over the Objection of Plan Proponents

The bankruptcy plan confirmation process typically requires intensive negotiations involving numerous creditor groups and other parties-in-interest. As a result, the scope of the releases embedded within a plan is subject to multiple reviews by such parties and then approval by the bankruptcy court.

By Francis J. Lawall and Kenneth A. Listwak

7 minute read