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Letting Go Can Be Hard to Do – the Current State of Non-Consensual Third Party Releases in Chapter 11 Cases
Letting Go Can Be Hard to Do – the Current State of Non-Consensual Third Party Releases in Chapter 11 Cases
Non-consensual third party releases in Chapter 11 plans (in which parties that have not filed bankruptcy nevertheless benefit from broad release provisions that are included in the Chapter 11 plans) have been a controversial topic in business bankruptcy cases for many years.
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