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Third Party Releases in Bankruptcy
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Third Party Releases in Bankruptcy

May 08, 2017
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Third Party Releases in Bankruptcy
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Third-Party Releases are the source of some contention in SquareTwo Financial's bankruptcy case with the SEC and UST objecting to the company's proposed plan of reorganization. There are concerns that Mom and Pops with no vote in the reorganization will have no right to pursue causes of action against the debtor - like violations of the Fair Debt Collec…

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