Rochelle's Daily Wire

The same district judge who correctly predicted that Purdue’s nonconsensual releases were prohibited has nonetheless upheld a preliminary injunction barring suits against nondebtors.

With an exception, cases after Purdue are pointing toward approval of nondebtor releases where creditors are only allowed to opt out.

Bankruptcy Judge Sean Lane says that Delaware corporate law can’t prevent committees from having derivative standing.

At least in New York, proceedings on a confession of judgment are neither a ‘claim’ nor a ‘cause of action’ and can’t be removed under 28 U.S.C. § 1452(a).

District judge decides that an individual debtor has standing to appeal conversion from Subchapter V of chapter 11 to chapter 7.

An opinion by Bankruptcy Judge Carl L. Bucki might be read, incorrectly, to mean that Purdue precludes preliminary injunctions stopping suits against nondebtors.

Conducting a valuation hearing on a cramdown plan isn’t always required.

After Purdue, bankruptcy judges are now split on whether mass-tort plans are permissible if creditors must opt out.

Professors disagree on whether latent asbestos claims can be discharged without a trust for future claimants.

Defensive setoff rights are not discharged by chapter 11 confirmation, even when no proof of claim was filed.