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US Trustee Objects To Medley Ch. 11 Liability Releases

By Vince Sullivan (September 29, 2021, 5:22 PM EDT) -- The Office of the U.S. Trustee objected late Tuesday to the Chapter 11 plan of asset management firm Medley LLC, saying the plan contains an overly broad exculpation of parties that worked on the bankruptcy case and calls for the release of nondebtor parties who haven't substantially contributed to the plan....

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