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Legal Opinion

Arsenal Intermediate Holdings, LLC

United States Bankruptcy Court, D. Delaware

Decided March 27, 2023No. 23-10097Unknown

1Opinion

IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE Chapter 11 (Subchapter V) In re: Case No. 23-10097 (CTG) ARSENAL INTERMEDIATE (Jointly Administered) HOLDINGS, LLC, et al., Related Docket No. 165 Debtors. MEMORANDUM OPINION Debtors ask the Court to enter an order authorizing an “opt out” form that would inform creditors that unless they opt out of the plan’s third-party release by April 26, 2023 – one week before the scheduled confirmation hearing – they will be deemed to consent to the release of any direct claims they may have against the debtors’ corporate parent and the…

2Cases cited16 opinions

  1. Mullane v. Central Hanover Bank & Trust Co.Supreme Court of the United States · 1950
  2. McNeil v. WisconsinSupreme Court of the United States · 1991
  3. United Student Aid Funds, Inc. v. EspinosaSupreme Court of the United States · 2010
  4. In Re: Continental AirlinesCourt of Appeals for the Third Circuit · 2000
  5. Elliott v. General Motors LLCCourt of Appeals for the Second Circuit · 2016

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