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A District Court may not Enjoin Third-Party Claims Against Insurers without Alternative Compensation Scheme

ABI

held that the United States District Court for the Northern District of Texas abused its discretion when it approved a settlement that would preclude third-parties from bringing claims against the debtor’s insurers (the “Underwriters”). [1] 4:09-cv-3674, 2012 WL 401069, at *4 (S.D. 3:09-CV-0724-N, 2014 WL 12654910 (N.D.

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