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5th Circ. Bond Claim Ruling Shows Creditors Must Be Vigilant

By Joshua Lesser ( May 29, 2024, 4:22 PM EDT) -- With its January opinion in Raymond James & Associates Inc. v. Jalbert, the U.S. Court of Appeals for the Fifth Circuit held that the bankruptcy debtor's indemnification obligations were discharged by the confirmed plan because the indemnified party failed to speak up.[1]...

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