Tue 07/02/2024 14:05 PM
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The U.S Supreme Court today denied the petitions for a writ of certiorari for review of the Fifth Circuit Court of Appeal’s Aug. 19, 2022, decision (as amended) affirming, in part, and reversing, in part, the Highland Capital Management confirmation order. Following the Fifth Circuit’s direction, the bankruptcy court modified the plan to limit the defined term of “exculpated parties” to the debtor, the independent directors and the official...
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