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Tara Retail Grp., Inc., In re

Tara Retail Grp., Inc., In re

Ruling
Court ruled that the settlement agreed upon was not to be considered an impermissible lock-up agreement as the claim objection part of the settlement could essentially stand on its own even without needing the agreement to vote in favor of the plan of the debtor. (Bankr. N.D. W. Va.)
Issue(s)
Postpetition Disclosure and Solicitation; Transmittal of Plan and Disclosure Statement.

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Commercial opinion summary, case decided on January 03, 2018 , LexisNexis #0218-108