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Gatekeeping Provisions In Chapter 11 Plans May Provide An Alternative To Nonconsensual Nondebtor Releases - Insolvency/Bankruptcy - Vimarsana News

Gatekeeping Provisions In Chapter 11 Plans May Provide An Alternative To Nonconsensual Nondebtor Releases - Insolvency/Bankruptcy

Published: August 31, 2023

Where broad nonconsensual nondebtor releases are unavailable, the Fifth Circuit has endorsed gatekeeping provisions and injunctions to protect certain nondebtor plan participants from post-confirmation litigation.

Source: mondaq.com
Related Topics:
United StatesPurdue PharmaJames SeeryJames DonderoBankruptcy CourtUs Bankruptcy CourtSupreme CourtMountain Investment TrustFifth CircuitEleventh CircuitsTenth CircuitsRelease Prohibition ActBankruptcy CodeSecond CircuitHighland CapitalHighland Capital MgmtExercising Its GatekeepingNorthern DistrictGatekeeper Colorability TestProposed ClaimsInsolvency Amp RestructuringHapter 11Insolvency Bankruptcy Re StructuringInsolvency Bankruptcy
Gatekeeping Provisions in Chapter 11 Plans May Be Alternative to Nonconsensual Nondebtor Releases | Pillsbury Winthrop Shaw Pittman LLP - Vimarsana News

Gatekeeping Provisions in Chapter 11 Plans May Be Alternative to Nonconsensual Nondebtor Releases | Pillsbury Winthrop Shaw Pittman LLP

Published: August 30, 2023

Nonconsensual nondebtor releases have been a key reason businesses facing mass tort claims have filed for bankruptcy. They hope chapter 11 will result in a faster, less expensive...

Source: jdsupra.com
Related Topics:
Hunter MountainUnited StatesJames SeeryPurdue PharmaJames DonderoBankruptcy Court Exercising Its GatekeepingPillsbury Winthrop Shaw PittmanSupreme CourtUs Bankruptcy CourtHunter Mountain Investment TrustBankruptcy CourtFifth CircuitEleventh CircuitsTenth CircuitsNondebtor Release Prohibition ActBankruptcy CodeSecond CircuitHighland CapitalCapital MgmtHighland Capital MgmtNorthern DistrictGatekeeper Colorability TestProposed Claims