- 11 U.S.C.
In Ralph Roberts Realty LLC
Oct
19
2012
Ruling
Confirmation of third amended plan denied due to clear violation of absolute priority rule.
Procedural posture
The jointly administered chapter 11 debtors sought confirmation of their third amended plan. Objections to confirmation were made by the official committee of unsecured creditors (the committee) and by a group of unsecured creditors (the 2007 creditors).
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Court
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