Third Circuit Clarifies Treatment of Future Claims

In Patricia Wright, et al. v. Owens Corning, Case No. 11-2026 (3d Cir. May 18, 2012), the Third Circuit Court of Appeals undertook¬†the challenge of administering unknown future claims in bankruptcy.¬† Future claims are generally known as claims that only become apparent until after a chapter 11 plan is confirmed and the debtor is discharged […]

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