Chapter 11 plans contain various releases – some in favor of the debtor and some in favor of certain nondebtor third parties.

NCLAT Delhi held that CoC decision to liquidate the Corporate Debtor is acceptable as corporate debtor has no assets and thus CIRP Period only implies zero returns. Thus, adjudicating authority order ...

Following a Wednesday hearing in federal bankruptcy court, one of Daryl Heller’s ATM companies is now officially in ...