News & Analysis as of November 17, 2024

Liquidity

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Bankruptcy Court Rejects Attempts to Lock Up Creditor Votes in Favor of Reorganization Plan

Pillsbury Winthrop Shaw Pittman LLP on 7/31/2024

Recent decisions reflect a renewed focus on lock-up provisions by bankruptcy courts. The U.S. Bankruptcy Court for the Southern District of New York recently severed a provision from a post-petition agreement that required...more

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Bankruptcy Court Rejects Attempts to Lock Up Creditor Votes in Favor of Reorganization Plan

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