What you need to know
United Kingdom, Arbitration & ADR, Insolvency & Restructuring, Litigation, Ashurst, Arbitration Act 1996 (UK), UK Supreme Court
In In re Palmaz Scientific Inc., the bankruptcy court for the Western District of Texas determined that a confirmed plan of reorganization would not stop a group of investors from pursuing direct (non-derivative) claims against directors and officers of the debtor companies because plan injunction language only covered claims against the debtors. 2018 WL 1036780, at *5 (Bankr. W.D.