December 11, 2015
A Delaware bankruptcy judge turned away all challenges to Millennium Lab Holding II LLC's $1.8 billion, time-sensitive, prepackaged bankruptcy late Friday, rejecting objections to third-party liability releases and indemnifications raised by a dissident creditor group and the U.S. trustee.
December 10, 2015
California-based Millennium Lab Holdings II LLC pushed Thursday for a "do-or-die" confirmation of its $1.8 billion prepackaged bankruptcy in a Delaware courtroom, while trying to avoid a meltdown as attorneys battled over provisions for nondebtor liability releases.