Substantial increases in the cost of administering Chapter 11 cases over the years resulted in new strategies to advance more efficient restructurings. The negotiation of pre-packaged and pre-negotiated reorganization plans as part of pre-bankruptcy discussions among the various stakeholders is now commonplace.
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Bankruptcy Update
Post-Petition Lock-Up Agreement Permitted by Del. Bankruptcy Court
The Legal Intelligencer
February 15, 2013
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