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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:

Opinion Link

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:

Business