About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

31 Am. Bankr. Inst. L. Rev. 71 (2023)
The Controversial Role of Third-Party Releases in Bankruptcy

handle is hein.journals/abilr31 and id is 89 raw text is: THE CONTROVERSIAL ROLE OF THIRD-PARTY RELEASES IN BANKRUPTCY STEPHEN W. SATHER* TABLE OF CONTENTS Introduction..........................................................................................................72 I. What Do the Code and the Rules Say?...............................................................73 A. Sections 524(e) and 1141.............................................................................73 B. Section 105(a)..............................................................................................74 C. Section 1123 ................................................................................................75 D. Section 524(g) .............................................................................................75 E. Rule 3016(c) and Rule 7001(7).....................................................................78 II. Specific Third-Party Provisions........................................................................79 A. Release of Estate Claims..............................................................................79 B. Bar Orders ...................................................................................................80 C. Exculpation Clauses.....................................................................................81 D. Release by Res Judicata...............................................................................83 E. Consensual Releases.....................................................................................87 F. Plan Injunctions............................................................................................92 G. Non-Consensual Third-Party Releases .........................................................93 H. Revolt of the Article III Judiciary? .............................................................100 Conclusion.........................................................................................................100 *Stephen W. Sather is the head of the bankruptcy section of Barron & Newburger, P.C. in Austin, Texas. He is board certified in business bankruptcy by the American Board of Certification and the Texas Board of Legal Specialization. He began writing this article while quarantining due to Covid-19. 71

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Short-term subscription options include 24 hours, 48 hours, or 1 week to HeinOnline.

Purchase Access

Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most