Twin River Worldwide Holdings Inc. v. Sola Ltd. (In re BLB Worldwide Holdings Inc.)

Ruling: 
Contingent value rights agreement was a proper implementation of debtor's plan and not an improper modification.
Issue: 
Was the provision of a contingent value rights (CVR) agreement setting forth additional details regarding the thresholds above which CVR holders are entitled to part of the proceeds from a covered transaction is a permissible implementation of debtor's confirmed plan?
ABI Membership is required to access the full summary of Twin River Worldwide Holdings Inc. v. Sola Ltd. (In re BLB Worldwide Holdings Inc.). Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Commercial case opionion summary, case decided on November 03,2015, LexisNexis #1115-132