- 11 U.S.C.
In re Lively
May
29
2013
Ruling
Absolute priority rule applies to individual chapter 11 debtors.
Procedural posture
The denial of confirmation of appellant individual chapter 11 debtor's reorganization plan was certified for appeal from the U.S. Bankruptcy Court for the Southern District of Texas to resolve whether chapter 11's absolute priority rule in 11 U.S.C.S. § 1129(b)(2)(B), applied in such individual debtor cases.
ABI Membership is required to access the full summary of In re Lively Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Court
:
Judge or Jurisdiction information not available