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§ 1126

In re Dynamics

Ruling
Chapter 11 plan was denied confirmation since less than the required two-thirds of claims holders accepted the plan.
Procedural posture

The debtor moved for confirmation of its chapter 11 plan.

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opinion summary, case decided on March 30, 2006 , LexisNexis #0406-136

Jacksonville Airport Inc. v. Michkeldel Inc.

Ruling
Creditor was not entitled to vote on debtor's reorganization plan since the debtor had objected to the creditor's claim.
Procedural posture

In defendant debtor's chapter 11 bankruptcy proceeding, plaintiff creditor voted to reject the debtor's reorganization plan. The debtor refused to count the creditor's vote, maintaining that the creditor's claim was not allowed. The bankruptcy court held that debtor did not have to count the creditor's vote, and, on the creditor's appeal, the district court affirmed. The creditor appealed.

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Court :
Judge or Jurisdiction information not available
opinion summary, case decided on January 19, 2006 , LexisNexis #0206-019