Highland Capital Management, L.P., Applicant v. NexPoint Advisors, L.P., et al.

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Case overview

Case Number:

24A1154

Court:

Supreme Court

Nature of Suit:

Firms

  1. June 02, 2025

    Highland Plan Ruling Stayed, Franchise Group Plan Mostly OK

    The U.S. Supreme Court paused a Fifth Circuit order invalidating certain liability shields in hedge fund Highland Capital's Chapter 11 plan, Vitamin Shoppe owner Franchise Group got most of its reorganization proposal confirmed in court and Steward Health Care's bankruptcy plan went out for creditor voting.

  2. May 29, 2025

    High Court Pauses 5th Circ.'s Highland Ch. 11 Liability Ruling

    The U.S. Supreme Court on Thursday allowed bankrupt hedge fund Highland Capital to continue shielding certain key parties in its Chapter 11 case from liability while the debtor appeals a Fifth Circuit decision striking down those protections.

  3. May 28, 2025

    Highland Wants High Court To Preserve Ch. 11 Liability Shield

    Defunct hedge fund Highland Capital Management has asked the U.S. Supreme Court to keep its Chapter 11 plan in place while it appeals a reversal from the U.S. Court of Appeals for the Fifth Circuit, saying it needs to keep its fiduciaries protected lest its former CEO mire them in litigation.