(United States moment Circuit) - In an appeal of a Bankruptcy Court judgment enforcing a 'free and clear' provision of a sale order to enjoin claims against a debtor's successor corporation and concluding under the equitable mootness doctrine that assets of the debtor's unsecured creditors' trust would be protected from late‐filed claims, the Bankruptcy Court's judgment is: 1) affirmed as the decision not to enforce the Sale Order as to the independent claims; 2) reversed insofar as it enforced the Sale Order to enjoin claims relating to the ignition switch defect; 3) vacated insofar as it enjoined claims based in non‐ignition switch defects; and 4) vacated as to the decision on equitable mootness as advisory.
Source: findlaw.com