Stearns Holdings, LLC – Files Solicitation Versions of Plan and Disclosure Statement as Disagreements with U.S. Trustee Get Punted to Plan Confirmation Hearing

August 28, 2019 – The Debtors filed the solicitation version of their Joint Chapter 11 Plan and a related Disclosure Statement [Docket Nos. 267 and 269, respectively]. Still to be resolved is the U.S. Trustee's objection to the Debtors' use of an "opt-out" mechanic in respect of third party releases, a flaw that the U.S….