March 22, 2018
The unsecured creditors committee of defunct metal fabricator Constellation Enterprises LLC will not get another shot at undoing a bankruptcy resolution that cut them out of a recovery, a Delaware federal court ruled Thursday, finding that when the case was converted to a liquidation afterwards, the committee "automatically dissolved and ceased to exist."
August 08, 2017
Unsecured creditors of Constellation Enterprises LLC urged a federal judge late Monday to reverse a bankruptcy court's rejection of the company's structured dismissal settlement, saying the decision wrongly relied on the U.S. Supreme Court's recent Jevic decision.