- 11 U.S.C.
Heritage Bank v. Woodward (In re Woodward)
Aug
13
2015
Ruling
Confirmation order reversed in individual chapter 11 case due to violation of the absolute priority rule.
Issue(s)
Whether the absolute priority rule applies to individual debtors in chapter 11 and whether the value of the property to be distributed under the plan is less than the debtor's disposable income?
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Court
:
Judge or Jurisdiction information not available