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Foreign reorganizations with nondebtor releases are not ‘manifestly contrary’ to public policy after Purdue, according to Delaware’s Bankruptcy Judge Thomas Horan.

Court :

3rd Circuit

Delaware

Third J&J Filing Dismissed on Grounds Different from the First Two Dismissals

Houston’s Bankruptcy Judge Christopher Lopez decided that the newest plan by a Johnson & Johnson subsidiary didn’t qualify for nondebtor releases permissible in asbestos cases.

Court :

5th Circuit

Texas

Texas Southern District

Another Fifth Circuit Humdinger: This Time, Limiting Gatekeeping

Picking up where Serta Simmons left off, the Fifth Circuit nixes another creative chapter 11 plan.

Court :

5th Circuit

Trustees Come in All Shapes and Sizes

Bankruptcy Code

Topics

The Permissibility of Exculpation Clauses Post-Purdue

Bankruptcy Code

Topic Tags

Bankruptcy Litigation

Plan Confirmation

Business Reorganization

Mass Torts

Where Jurisdiction Reigns Supreme: Planning a Cross-Border Proceeding Post-Purdue

Bankruptcy Code

Topics

International Insolvency

Mass Torts

Ninth Circuit Primed to Decide Whether Emotional Distress Damages Survived Taggart

The Ninth Circuit BAP eased the burden on debtors needing to prove that a lender violated Section 524(i) by failing to credit payments made under a plan.

Court :

9th Circuit

Let’s Talk Appeals: How Do Appellate Courts Approach Bankruptcy Issues?

Bankruptcy Code

Topics

Bankruptcy Litigation

When the Creditor Becomes the Debtor: Consumer Lenders in Bankruptcy and the Impact on Borrowers

Bankruptcy Code