A plan saying that it satisfies and settles claims does nothing more than discharge the claims. It doesn’t extinguish the claims, the Fifth Circuit says.
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Case Details
Case Citation
Atlantic Maritime Services LLC v. QuarterNorth Energy LLC (In re Dynamic Offshore Resources NS LLC), 23-20218 (5th Cir. June 11, 2025)
Case Name
Atlantic Maritime Services LLC v. QuarterNorth Energy LLC (In re Dynamic Offshore Resources NS LLC)
Case Type
Business
Court