Appeals court upholds creditor-shareholders' right to bar Ch. 1...

06/14/18


Appeals court upholds creditor-shareholders' right to bar Ch. 11 filings
Reuters
An unsecured creditor is not barred by federal or state law from using its rights as a shareholder to prevent a company from filing a bankruptcy petition, the U.S. Court of Appeals for the Fifth Circuit ruled on Thursday. The court affirmed a decision ...

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