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In re Levitt & Sons LLC

In re Levitt & Sons LLC

Ruling
Creditors were permanently enjoined from pursuing negligence claims by virtue of third party release and injunction contained in confirmed plan.
Procedural posture

The chapter 11 debtors' parent corporation (the movant) filed a motion to enforce an existing permanent injunction against creditors, alleging that they were permanently enjoined from prosecuting a state court negligence claim against the movant by virtue of a third party release and injunction contained in the bankruptcy court's amended order confirming a second amended joint liquidating chapter 11 plan.

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Commercial opinion summary, case decided on July 30, 2012 , LexisNexis #0812-093