Ch. 11 Motion for contempt to be awarded

Law360 (June 8, 2021, 10:53 p.m. EDT) – A Texas bankruptcy judge said on Tuesday she would uphold a petition from bankrupt investment firm Highland Capital Management asking for sanctions against parties who sued legal action against the debtor’s CEO despite a court order except, but said she needed time to determine the amount of penalties.

At a hearing in Dallas, U.S. bankruptcy judge Stacey GC Jernigan said she believed her July 2020 order approving the retention of James P. Seery Jr. as CEO of Highland Capital was clear that any party seeking to bring or pursue claims against Seery must first be granted permission. of the bankruptcy court ….

Stay one step ahead

In the legal profession, information is the key to success. You need to know what’s going on with customers, competitors, practice areas, and industries. Law360 provides the intelligence you need to stay an expert and beat the competition.

Access to case data in articles (numbers, filings, courts, nature of prosecution, etc.)
Access to attached documents such as briefs, petitions, complaints, decisions, requests, etc.
Create personalized alerts for specific case articles and topics and more!

TRY LAW360 FREE FOR SEVEN DAYS

Source link