Highland Capital Management, L.P. – Court Sides with Debtors and Creditors’ Committee as to Efficacy of Corporate Governance Steps, Rejects U.S. Trustee’s Efforts to Install Chapter 11 Trustee

February 5, 2020 – Further to a February 4th hearing and having considered the input of the Debtor's and the Debtor's Official Committee of Unsecured Creditors (the "Committee"), the Court hearing the Highland Capital Management case denied the U.S. Trustee’s request for the appointment Chapter 11 Trustee; holding that "no cause exists" for such an…