Skip to main content

§ 1129(b)(1)

Tribune Co., In re

Aug
26
2020
Ruling
Bankruptcy court did not err in approving cramdown plan over objections of senior noteholders as it did not unfairly discriminate among similarly situated creditors. (3d Cir.)
Issue(s)
Confirmation of Plan; Cramdown; Satisfaction of Requirements of Section 1129(a).

ABI Membership is required to access the full summary of Tribune Co., In re 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 August 26, 2020 , LexisNexis #1020-018
LexisNexis Article
Learn More

Eternal Enter., In re

Apr
13
2017
Ruling
Court confirmed an LLC's second modified fifth amended plan as the reorganization plan wasfair and equitable because the real property debtor owned was worth far less than its debt.(Bankr. D. Conn.)
Issue(s)
Confirmation of Plan; Cramdown; Satisfaction of Requirements of Section 1129(a).

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

Commercial opinion summary, case decided on April 13, 2017 , LexisNexis #0517-078
LexisNexis Article
Learn More

In re Walker

May
26
2015
Ruling
Chapter 11 plan proposed in good faith after lengthy negotiations could be confirmed notwithstanding failure of five impaired creditors to cast ballots.
Issue(s)
Should second amended plan filed by chapter 11 debtors in possession be confirmed?

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

Consumer opinion summary, case decided on May 26, 2015 , LexisNexis #0615-132
LexisNexis Article
Learn More

In re K&K Holdings LLC

Feb
13
2014
Ruling
Plan could not be confirmed as rate of interest on crammed down loan was insufficient.
Issue(s)
Could plan proposing proposes to make payments on secured claim over ten years with interest at a cramdown rate on a 30 year amortization schedule, with creditor retaining liens, and payment of the full balance of the claim in ten years be confirmed?

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

Commercial opinion summary, case decided on February 13, 2014 , LexisNexis #0314-065
LexisNexis Article
Learn More

In re Deming Hospitality LLC

Apr
05
2013
Ruling
Amended disclosure statement could not be approved where plan was not confirmable.
Procedural posture

Two creditors, a bank and a federal agency, filed objections to chapter 11 debtor's amended disclosure statement, asserting it should not be approved because the debtor's reorganization plan was facially not confirmable, and they would vote to reject, and would object to, the plan.

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

Commercial opinion summary, case decided on April 05, 2013 , LexisNexis #0513-029
LexisNexis Article
Learn More

In re Bridgeport Redevelopment Inc.

Feb
07
2012
Ruling
Confirmation denied due to treatment of secured claim that was not fair or equitable.
Procedural posture

Secured creditor, which held a mortgage on debtor's real property, filed an objection with respect to its treatment of the claim under the chapter 11 plan, pursuant to 11 U.S.C.S. § 1111(b)(2). Debtor asserted that the treatment of the claim was fair and equitable under 11 U.S.C.S. § 1129(b)(1), because it provided the creditor with the indubitable equivalent of the secured claim.

ABI Membership is required to access the full summary of In re Bridgeport Redevelopment 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 February 07, 2012 , LexisNexis #0312-059
LexisNexis Article
Learn More

Wells Fargo Bank v. Texas Grand Prairie Hotel Realty LLC (In re Texas Grand Prairie Hotel Realty LLC)

Nov
08
2011
Ruling
Bankruptcy court finding that plan was proposed in good faith was not clearly erroneous.
Procedural posture

Appellee debtors' reorganization plan was approved by the United States Bankruptcy Court for the Northern District of Texas, Fort Worth Division. Appellant lender sought review.

ABI Membership is required to access the full summary of Wells Fargo Bank v. Texas Grand Prairie Hotel Realty LLC (In re Texas Grand Prairie Hotel Realty LLC) 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 08, 2011 , LexisNexis #1111-129
LexisNexis Article
Learn More

In re Hendrix-Barnhill Co.

Oct
27
2011
Ruling
Confirmation denied as plan was not fair and equitable to creditor bank.
Procedural posture

In a chapter 11 case, the bankruptcy administrator, a bank, and several other creditors objected to the debtor's plan and disclosure statement. The court held a hearing on the issue.

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

Commercial opinion summary, case decided on October 27, 2011 , LexisNexis #0112-061
LexisNexis Article
Learn More
Subscribe to %1