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ISL Loan Trust et al v. TA Associates Management, L.P. et al
Case Number:
1:15-cv-01138
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Nature of Suit:
Racketeer/Corrupt Organization
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December 11, 2015
Millennium $1.8B Ch. 11 Plan Survives Series Of Challenges
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.
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December 10, 2015
Millennium Faces Pushback, Suit Over $1.8B Ch. 11 Plan
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.