Trustee Objects To Release Provisions In PCAA Plan
U.S. Trustee Roberta A. DeAngelis lodged her objection to the company's first amended joint Chapter 11 plan in the U.S. Bankruptcy Court for the District of Delaware on Wednesday, the same day that PCAA submitted a memorandum in support of its plan.
DeAngelis took issue with the “broad nature” of the plan's third-party release, which...
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