US Trustee Takes Aim At Releases In SFX Ch. 11 Plan

By Matt Chiappardi (November 2, 2016, 10:03 PM EDT) -- The federal bankruptcy watchdog took issue Wednesday with SFX Entertainment Inc.'s Chapter 11 plan, arguing it contains liability releases that are much too broad and cover too many parties, and that it includes provisions to pay law firms and other professionals not retained by the debtor....

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