Texas Ruling Clarifies That Bankruptcy Shields LLC Rights

By Larry Halperin and Joon Hong (February 14, 2024, 3:28 PM EST) -- The U.S. Bankruptcy Court for the Southern District of Texas issued a decision in October 2023 in In re: Envision Healthcare Corp. holding that a debtor did not forfeit its rights — including voting and managerial rights — in a Delaware limited liability company by filing for bankruptcy....

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