Breakup fee cannot be paid if the court or regulators disapprove a proposed sale.
Judge Sontchi sticks by his 2016 decision in the Energy Future reorganization.
Standard carveout only limits committee counsel fees if no chapter 11 plan is confirmed.
Third party’s emails are immune from discovery in bankruptcy, Judge Sontchi rules.
Cash outlays to junior creditors at confirmation sink chapter 11 plan.
Enforcement of a forum selection clause is sometimes not mandatory, Delaware judge says.
No need for venue-shopping between Delaware and New York for undersecured creditors.
Lender's plea of poverty falls on deaf ears in a sick Delaware case.