- 11 U.S.C.
In re Motors Liquidation Co.
Mar
07
2011
Ruling
Plan could be confirmed if provision for release of third party claims was modified.
Procedural posture
Debtors, a corporation and its affiliates, filed petitions under Chapter 11 of the Bankruptcy Code and negotiated a plan for repaying their creditors. The debtors asked the court to approve their plan. Several creditors filed objections.
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Court
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