Third Circuit Enforces Plan Releases Against Later-Purchasing Shareholders Bringing Claims Concerning Post-Confirmation Conduct

Authors :: Wacholder, Jonah
Source :: Mondaq Business Briefing. October 16, 2018
Publication Year :: 2018
Abstract: Bankruptcy plans often include provisions releasing debtors and their officers and directors from certain potential liability. In Zardinovsky v. Arctic Glacier Income Fund, No. 17-2522 (3d Cir. Aug. 20, 2018), [...]

Subjects :: United States. Court of Appeals for the 3d Circuit -- Powers and duties
Securities fraud -- Cases
Mutual fund industry -- Cases -- Investor relations
Company legal issue
Business, international

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