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Email On August 9, 2019, in a unanimous decision (written by a former bankruptcy judge), the Eighth Circuit Court of Appeals affirmed the confirmation of the Peabody Energy Chapter 11 plan (“Plan”) with a prominent backstopped rights offering component. https://www.cadwalader.com/resources/clients-friends-memos/the-same-only-better-eighth-circuit-affirms-peabody-chapter-11-plan-backstopped-rights-offering-despite-alleged-disparate-creditor-treatment-under-peabody-plan