September 13, 2018 | The Legal Intelligencer
Literal Meaning of Release Provisions Enforced Over the Objection of Plan ProponentsThe 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
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