Highland Liability Shields Are Still Too Broad, Fifth Cir. Rules
The bankruptcy court overseeing Highland Capital Management LP’s Chapter 11 case “exceeded its power” by allowing a reorganization plan that improperly shielded people who aren’t bankrupt from ...
Bankruptcy Court Can Convert a Case Due to a Conflict of Interest, Even in a Subchapter V
In In re Ghatanfard, the U.S. District Court for the Southern District of New York affirmed a decision by the U.S. Bankruptcy Court for the Southern District of New York converting a debtor’s ...