Delaware District Judge Issues Important Opinion on Third-Party Releases | ABI

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March 21, 2017

Delaware District Judge Issues Important Opinion on Third-Party Releases

Bankruptcy courts can’t issue final orders approving third-party releases in chapter 11 plans.

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Opinion Link

View Opinion

http://www.ded.uscourts.gov/sites/default/files/opinions/lps/2017/march/16-110.pdf

Case Details

Judge Name

Leonard P. Stark

Case Citation

Opt-Out Lenders v. Millennium Lab Holdings II LLC (In re Millennium Lab Holdings II LLC), 16-110 (D. Del. March 17, 2017)

Case Name

In re Millennium Lab Holdings II LLC

Case Type

Court

Bankruptcy Tags

Bankruptcy Litigation

Plan Confirmation

Practice and Procedure

Venue/Jurisdiction

Business Reorganization