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Sixth Circuit Does Not Permit Third-Party Releases in Equity Receiverships

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The Sixth Circuit’s recent decision in Digital Media Solutions v. South Univ. of Ohio, 59 F.4th 772 (6th Cir. 2023) provides a cautionary tale about the limitations of federal equity receiverships as a restructuring tool. It serves as a reminder that the law and the judicial landscape governing restructuring proceedings are not static....
By: Goodwin

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