Nov 2024
A chapter 11 plan may not impair the rights of a mortgage lender against a co-owner who is not in bankruptcy.
After Purdue, bankruptcy judges are now split on whether mass-tort plans are permissible if creditors must opt out.
In the first opinion on the issue after Purdue, Bankruptcy Judge Christopher Lopez holds that Purdue did not change Fifth Circuit law where ‘hundreds’ of ‘opt-out’ plans have been confirmed with nondebtor releases.
Oct 2024
Professors disagree on whether latent asbestos claims can be discharged without a trust for future claimants.
