In this article, published in Law360, partners Walter H. Curchack and Vadim J. Rubinstein examine the decision In re Lower Bucks Hospital, et al., Case No. 10-10239 (Bankr. E.D. Pa. 2012). The holding in this case highlights the obstacles faced by an indenture trustee seeking to obtain, through a Chapter 11 plan, a third-party release from its bondholders.
This article was first published in the June 13, 2012 edition of Law360. Permission for article reprint has been granted.