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Creditors Win Fight Against Insider Releases In Azzur Ch. 11

By Ben Zigterman ( May 20, 2025, 7:42 PM EDT) -- A Delaware bankruptcy judge on Tuesday sustained an objection to insider releases in the Chapter 11 liquidation plan of Azzur Group, finding the pharmaceutical services company had not justified the releases for prepetition conduct of current and former officers, directors, and equity holders....

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