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§ 1129

Spiegel, In re

Ruling
Confirmation denied where debtor's treatment of the entirety of his assets, including financial information relevant to creditors' decisions to object or accept the plan, was either incomplete or missing entirely. (Bankr. N.D. Ill.)
Issue(s)
Confirmation of Plan.

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Consumer opinion summary, case decided on September 05, 2024 , LexisNexis #1124-067

Taing, In re

Ruling
Creditors' objections based on lack of privity of contract overruled as their claims could betreated through debtor's plan. (Bankr. D. Mass.)
Issue(s)
Confirmation of Plan; Requirements.

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Consumer opinion summary, case decided on August 12, 2024 , LexisNexis #1024-066

Kalo Clinical Rsch., LLC, In re

Ruling
Court confirmed debtor's reorganization plan as proposed in good faith and meeting allrequirements. (Bankr. D. Utah)
Issue(s)
Confirmation of Plan; Requirements.

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Commercial opinion summary, case decided on August 06, 2024 , LexisNexis #1024-037

Mercon Coffee Corp., In re

Ruling
Court approved minor delay in cancellation of equity interests under cramdown plan, butrejected non-compliant insider releases. (Bankr. S.D.N.Y.)
Issue(s)
Confirmation of Plan; Cramdown.

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Commercial opinion summary, case decided on July 19, 2024 , LexisNexis #0924-072

Galleria 2425 Owner, LLC, In re

Ruling
Debtors' prepackaged Chapter 11 plan confirmed as meeting all requirements and properlyclassifying claims and interests. (Bankr. S.D. Tex.)
Issue(s)
Confirmation of Plan; Requirements; Plan Compliance with Title 11.

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Commercial opinion summary, case decided on June 22, 2024 , LexisNexis #0824-096

Mercy Hosp., In re

Ruling
Plan's classification, indemnification, exculpation, and injunction provisions had beennegotiated in good faith and at arm's length. (Bankr. N.D. Iowa)
Issue(s)
Confirmation of Plan.

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Commercial opinion summary, case decided on June 07, 2024 , LexisNexis #0824-019

Hornblower Holdings LLC, In re

Ruling
Creditor's objection to confirmation of Chapter 11 debtor's second amended plan was rejectedas not providing the required treatment of the creditor's asserted subrogation claim. (Bankr.S.D. Tex.)
Issue(s)
Confirmation of Plan; Requirements; Treatment of Priority Claims.

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Commercial opinion summary, case decided on June 06, 2024 , LexisNexis #0824-042

Trimax Med. Management, In re

Ruling
Outstanding objections were overruled as the debtor carried its burden by meeting itsrequirements and demonstrated its proposed plan met the best interests of the creditors test.(Bankr. M.D. Ga.)
Issue(s)
Confirmation of Plan; Requirements.

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Commercial opinion summary, case decided on May 20, 2024 , LexisNexis #0724-066

Genesis Glob. Holdco, LLC, In re

Ruling
Settlement of fraud action with state attorney general approved and Chapter 11 planconfirmed over objection of equity holders and the U.S. Trustee. (Bankr. S.D.N.Y.)
Issue(s)
Confirmation of Plan.

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Commercial opinion summary, case decided on May 17, 2024 , LexisNexis #0724-065

NESV Ice, LLC, In re

Ruling
Subordinate lender could vote to accept a joint plan of reorganization as it was neither aninsider nor a non-statutory insider and the subordination agreement did not authorize thesenior lender to vote its claim. (Bankr. D. Mass.)
Issue(s)
Confirmation of Plan; Requirements.

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Commercial opinion summary, case decided on April 15, 2024 , LexisNexis #0624-068