Topic
Restructuring Plans
69 published works
In Solvency
What Information is Required in a Chapter 11 Disclosure Statement?
By Fox Rothschild LLP, Fox Rothschild LLP
Introduction On June 25th, the Debtors in the SemCrude bankruptcy present their Motion Approving Debtors' Disclosure Statement (the "Motion"). Debtors' Motion provides a good opportunity to review the standards by…
Bankruptcy & Restructuring Law
Single Asset Real Estate Debtors: Challenges in the Bankruptcy Code
Unlike retailers and manufacturers that file for chapter 11 protection, real estate owners and developers must be mindful of the restrictions and special expedited procedures the Bankruptcy Code imposes upon…
The Contingency
Seventh Circuit Denies Sanctions to . . . the Losers
Rambo, Rambo, Rambo. Two dairy farmers, husband and wife, filed a chapter 12 bankruptcy case after their efforts to expand their milking operations -- with a new bank loan…
Georgia Bankruptcy Blog
Movie Gallery Files Chapter 11 Bankruptcy
By Sunghee Sohn
The Movie Gallery, which purchased Hollywood Video in 2005, filed a Chapter 11 Bankruptcy petition in Richmond, Virginia. According to the company website, the company has only one location in…
The Contingency
No Confirmation Without Estimation: Bankruptcy Court Has to Value Creditor Claims Before Confirming Reorganization Plan (Update)
The Ninth Circuit held today that a bankruptcy court, before confirming a plan of reorganization, must take account of a creditor's pending litigation that may result in a post-confirmation recovery…
Bankruptcy Litigation Blog 2.0
Don’t Touch that Dial! Adelphia’s Reorganization Plan Temporarily Put on Hold to Give Dissenting Bondholders Their Day in Court
Bankruptcy lawyers often analogize the plan confirmation process to the running of trains, whereby once the so-called "confirmation train leaves the station," it's very hard -- if not impossible --…
Bankruptcy Litigation Blog 2.0
7th Circuit’s KO’s Retired Pilots’ Objection to UAL’s Confirmed Reorganization Plan
As predicted here, Judge Posner sealed the fate of UAL’s retired pilots by rejecting their challenge to UAL’s confirmed plan (and thanks to How Appealing’s Howard Bashman for his post…
Finance & Bankruptcy Law Blog
Confirmation Order Cannot Be Voided Based On “Second Thoughts” About The Bankruptcy Court’s Jurisdiction
On September 20, 2005, the Eleventh Circuit Court of Appeals held in FINOVA Capital Corp. v. Larson Pharmacy Inc., et al. (In re Optical Technologies, Inc.), 2005 WL 2276420 (11th…
Bankruptcy Litigation Blog 2.0
United Airline’s Reorg Plan Leaves Equity Holding the Bag
United filed its draft 130 page Plan of Reorganization and supporting 430 page Disclosure Statement (Parts 1 and 2), and it's looking like a blood bath for unsecured creditors (4-7…