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Judge Dubious Of NY Diocese's Ch. 11 Plan Post-Purdue

By Clara Geoghegan (July 19, 2024, 7:33 PM EDT) -- A New York bankruptcy judge said Friday he was skeptical of a creditor noticing procedure meant to head off confirmation issues for the already voted on Chapter 11 plan of the Roman Catholic Diocese of Rochester, New York, noting he thinks affirmative creditor consent to third-party liability releases is needed following the U.S. Supreme Court's landmark Purdue Pharma ruling last month....

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