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09/20/2024 | News release | Distributed by Public on 09/19/2024 14:49

The Time Has Come to Reconsider Whether Trustees Are Subject to In Pari Delicto

September 20, 2024

The Time Has Come to Reconsider Whether Trustees Are Subject to In Pari Delicto

Bound by circuit precedent, the Eighth Circuit held that a prior receivership does not cleanse the bankruptcy estate of the in pari delicto defense.

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