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Highland Wants High Court To Preserve Ch. 11 Liability Shield

By Emily Lever ( May 28, 2025, 10:26 PM EDT) -- Defunct hedge fund Highland Capital Management has asked the U.S. Supreme Court to keep its Chapter 11 plan in place while it appeals a reversal from the U.S. Court of Appeals for the Fifth Circuit, saying it needs to keep its fiduciaries protected lest its former CEO mire them in litigation....

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