- 11 U.S.C.
In re Akinpelu
May
01
2015
Ruling
Plan confirmation in individual chapter 11 debtor's case denied due to violation of the absolute priority rule in creating classes of claims.
Issue(s)
Whether separate classification of unsecured claimants is permissible in a chapter 11 plan of reorganization in order to create an impaired, consenting class and whether the absolute priority rule is applicable post-BAPCPA in chapter 11 cases where the debtor is an individual?
ABI Membership is required to access the full summary of In re Akinpelu Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Court
: