In re View Cleveland LLC
Oct
25
2010
Ruling
Confirmation denied on feasibility grounds where unsecured creditors would not receive anything until fifth year of plan.
Procedural posture
This matter was before the court for consideration of confirmation of debtor's proposed Amended Fourth Plan of Reorganization, and final approval of debtor's Amended Fourth Disclosure Statement. A creditor filed a Consolidated (A) Objection to Confirmation of Amended Fourth Plan of Reorganization, and (B) Motion to Allow Claim for Voting Purposes and Deeming Objection as Rejecting Vote.
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Court
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