Summary: A recent Third Circuit decision has clarified the scope of the third-party injunction, including injunctions in favor of insurers that resolve insurance coverage in asbestos bankruptcy cases, that may be issued under...more
9/11/2018
/ 363 Sales ,
Appeals ,
Asbestos ,
Asbestos Litigation ,
Bankruptcy Code ,
Chapter 11 ,
Injunctions ,
Insurance Litigation ,
Release Agreements ,
Section 363 ,
Third-Party Liability
Delaware law allows members and partners of limited liability companies (LLCs) and limited partnerships (LPs) to waive the fiduciary duties of their management in their LLC or LP agreements. When an LLC or LP is insolvent,...more