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U.S. Trustee Pans Lordstown Ch. 11 Opt-Out Releases

By Hilary Russ (October 11, 2023, 4:43 PM EDT) -- A bankruptcy watchdog has objected to third-parties releases in the Chapter 11 plan of electric truck-maker Lordstown Motors Corp. because they could allow its directors — several of whom are defendants in securities lawsuits — to avoid litigation....

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