In re Reserve Capital Corp.
Jul
06
2007
Ruling
Court ordered settlement and payment of claims against surviving reorganized debtor was not an impermissible post-confimation modification.
Procedural posture
On remand from the district court, certain debtors raised the issue that the proposed relief previously ordered by the bankruptcy court was an impermissible post-confirmation modification of the previously confirmed plan of the one reorganized surviving chapter 11 debtor. The bankruptcy court had ordered the compromise and payment of claims against the surviving reorganized debtor.
ABI Membership is required to access the full summary of In re Reserve Capital Corp. Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Court
: