Bankruptcy Judges Beginning To Sour On Third-Party Releases

By Matt Chiappardi (April 1, 2016, 1:31 PM EDT) -- Bankruptcy courts that had previously been more permissive with nonconsensual third-party releases in Chapter 11 plans have lately been clamping down on the practice, and bankruptcy experts say debtors trying to get them through confirmation had better be consistently prepared to meet an exacting set of standards....

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