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60 Wake Forest L. Rev. 195

Don’t Mess with Texas(?): Analyzing the Texas Two-Step Bankruptcies

Mark Lee

This Comment seeks to add further nuance to the discussion of the Texas Two-Step by arguing in favor of the cases being resolved in bankruptcy through the establishment of a settlement trust. While this Comment recognizes that there are likely legitimate grounds for dismissal in the Aldrich Pump and DBMP cases and that constitutional limitations will likely prevent the debtors from achieving a one-time global resolution, it posits that resolving these cases in bankruptcy could benefit the claimants, the debtors, and the judicial system.

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