The Third Circuit Court of Appeals affirms structured dismissal of Chapter 11 case, holding that a structured dismissal can deviate from the Bankruptcy Code’s priority scheme in rare circumstances

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Location
USA
Authors
Fredric Sosnick
Douglas P. Bartner
Solomon J. Noh
Joel Moss
Firm
A&O Shearman
Tags
USA
Insolvency & Restructuring
Litigation
A&O Shearman
Leveraged buyout
United States bankruptcy court
Third Circuit
US District Court for District of Delaware