Skip to main content

§ 1123(b)(3)

Serta Simmons Bedding, L.L.C., In re--Excluded Lenders v. Serta Simmons Bedding, L.L.C.

Ruling
Court rejected plan due to indemnity offered to “superpriority” holders, whose claims had been individually negotiated, resulting in unequal treatment of claims within the class. (5th Cir.)
Issue(s)
Contents of Plan; Discretionary Provisions; Claims of Debtor; Settlement or Adjustment.

ABI Membership is required to access the full summary of Serta Simmons Bedding, L.L.C., In re--Excluded Lenders v. Serta Simmons Bedding, L.L.C. Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

Commercial opinion summary, case decided on December 31, 2024 , LexisNexis #0325-013

Curepoint, LLC, In re--Wender v. Miles

Ruling
Trustee had standing to bring claims that were properly disclosed and reserved in confirmed Chapter 11 plan and transferred to the liquidation trust. (Bankr. N.D. Ga.)
Issue(s)
Contents of Plan; Discretionary Provisions; Claims of Debtor.

ABI Membership is required to access the full summary of Curepoint, LLC, In re--Wender v. Miles Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

Commercial opinion summary, case decided on September 30, 2024 , LexisNexis #1224-047

5171 Campbells Land Co., In re--Bernstein v. Meyer, Unkovic & Scott LLP

Ruling
Post-confirmation vesting of estate property did not deprive the plan administrator of powerto pursue claims. (Bankr. W.D. Pa.)
Issue(s)
Contents of Plan; Discretionary Provisions; Claims of Debtor; Retention and

ABI Membership is required to access the full summary of 5171 Campbells Land Co., In re--Bernstein v. Meyer, Unkovic & Scott LLP Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

:
Judge or Jurisdiction information not available
Commercial opinion summary, case decided on July 25, 2022 , LexisNexis #0922-044

Seaboard Hotel Mbr. Assocs., LLC, In re--NCA Inv'rs Liquidating Trust v. Berkowitz, Trager & Trager, LLC

Ruling
Avoidance action could proceed against a transactional law firm as the plan specificallypreserved all causes of action against law firms. (Bankr. D. Del.)
Issue(s)
Contents of Plan; Discretionary Provisions; Claims of Debtor; Retention and

ABI Membership is required to access the full summary of Seaboard Hotel Mbr. Assocs., LLC, In re--NCA Inv'rs Liquidating Trust v. Berkowitz, Trager & Trager, LLC Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

Court :
Commercial opinion summary, case decided on June 10, 2021 , LexisNexis #0721-093

Mt. Glacier LLC, In re--Nestlé Waters N. Am., Inc. v. Mt. Glacier LLC

Ruling
Plan was sufficient to retain debtor's claim where there is no other requirement for the debtorwho wishes to retain an existing claim for future litigation. (6th Cir.)
Issue(s)
Contents of Plan; Discretionary Provisions; Claims of Debtor.

ABI Membership is required to access the full summary of Mt. Glacier LLC, In re--Nestlé Waters N. Am., Inc. v. Mt. Glacier LLC Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

:
Judge or Jurisdiction information not available
Commercial opinion summary, case decided on December 11, 2017 , LexisNexis #0118-085

Yaquinto v. Ehrman (In re Hart Oil & Gas)

Ruling
Trustee did not have standing to assert claims that were not adequately reserved. (Bankr.D.N.M.)
Issue(s)
Contents of Plan; Discretionary Provisions; Claims of Debtor.

ABI Membership is required to access the full summary of Yaquinto v. Ehrman (In re Hart Oil & Gas) Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

Commercial opinion summary, case decided on December 13, 2016 , LexisNexis #0117-081

In re Hercules Offshore, Inc.

Ruling
Plan including releases to creditors for claims held against them by debtor could beconfirmed. (Bankr. D. Del.)
Issue(s)
Contents of Plan; Discretionary Provisions; Claims of Debtor; Settlement or Adjustment.

ABI Membership is required to access the full summary of In re Hercules Offshore, Inc. Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

Commercial opinion summary, case decided on November 01, 2016 , LexisNexis #1116-127

Smelcer v. Citizens Bank of Kilgore (In re Hart Oil & Gas Inc.)

Ruling
Lender liability actions not reserved in debtor's plan dismissed.
Issue(s)
Should proceedings pursing debtor's causes of action based on lender liability that were not preserved in debtor's confirmed plan be dismissed?

ABI Membership is required to access the full summary of Smelcer v. Citizens Bank of Kilgore (In re Hart Oil & Gas Inc.) Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

Commercial opinion summary, case decided on July 02, 2015 , LexisNexis #0715-131

In re City of Detroit

Ruling
Debtor city's plan of adjustment approved with conditions.
Issue(s)
Should debtor city's eighth amended plan of adjustment be confirmed?

ABI Membership is required to access the full summary of In re City of Detroit Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

Commercial opinion summary, case decided on December 31, 2014 , LexisNexis #0415-023

Mercury Cos. v. Comerica Bank

Ruling
Debtor that did not reserve state law claims did not retain them postconfirmation.
Issue(s)
Could debtor that had not reserved state law claims pursue them after confirmation of chapter 11 plan?

ABI Membership is required to access the full summary of Mercury Cos. v. Comerica Bank Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

Commercial opinion summary, case decided on July 08, 2014 , LexisNexis #0714-022