Retention of Claims Post-Confirmation Fifth Circuit Clarifies Necessary Level of Specificity

Spicer v. Laguna Madre Oil & Gas II, LLC, et al (In re Texas Wyoming Drilling, Inc.), 647 F.3d 547 (5th Cir. 2011), In re Bankvest Capital Corp., 375 F.3d 51 (1st Cir. 2004); P.A. Bergner & Co. v. Bank One, Milwaukee, N.A. (In re P.A. Bergner & Co.), 140 F.3d 1111 (7th Cir. 1998); Dynasty Oil & Gas, LLC v Citizens Bank (In re United Operating, LLC), 540 F.3d 351 (5th Cir. 2008), In re Ice Cream Liquidation, Inc., 319 B.R. 324, 337-38 (Bankr. D. Conn. 2005).