Skip to main content

§ 1129

Hendel, In re--Hendel v. Byck

Ruling
Chapter 11 debtors could not propose lump sum payments to unsecured creditors in amountsless than they would receive in a Chapter 7 liquidation. (Bankr. D.N.J.)
Issue(s)
Confirmation of Plan; Requirements; Impaired Classes; Acceptance or Receipt of

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

:
Judge or Jurisdiction information not available
Consumer opinion summary, case decided on March 22, 2021 , LexisNexis #0721-020

Hendel, In re--Hendel v. Byck

Ruling
Chapter 11 debtors could not propose lump sum payments to unsecured creditors in amountsless than they would receive in a Chapter 7 liquidation. (Bankr. D.N.J.)
Issue(s)
Confirmation of Plan; Requirements; Impaired Classes; Acceptance or Receipt of

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

:
Judge or Jurisdiction information not available
Consumer opinion summary, case decided on March 22, 2021 , LexisNexis #0721-020

McCary Meats, LLC, In re

Ruling
Debtor's plan was confirmed as the plan was accepted by each holder of a claim or interest andby at least one non-insider class of impaired creditors. (Bankr. E.D. Wash.)
Issue(s)
Confirmation of Plan; Requirements.

ABI Membership is required to access the full summary of McCary Meats, LLC, 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 March 10, 2021 , LexisNexis #0421-071

Retail Grp., Inc., In re

Ruling
Chapter 11 plan was confirmed as it was proposed in good faith and debtors proposed theplan to maximize recovery to debtors' creditors. (Bankr. E.D. Va.)
Issue(s)
Confirmation of Plan; Requirements; Plan Proposed in Good Faith.

ABI Membership is required to access the full summary of Retail Grp., Inc., 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 March 09, 2021 , LexisNexis #0421-096

Rochester Drug Co-Operative, Inc., In re

Ruling
Debtor's Chapter 11 plan was confirmed as it satisfied the requirements for confirmation,feasible, and in the best interests of creditors. (Bankr. W.D.N.Y.)
Issue(s)
Confirmation of Plan.

ABI Membership is required to access the full summary of Rochester Drug Co-Operative, Inc., 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 February 26, 2021 , LexisNexis #0421-016

Kearney v. Unsecured Creditors Comm.

Ruling
Unsecured creditors committee reorganization plan did not violate 11 U.S.C. § 1129(a)(3) as theplan was not proposed by means forbidden by law nor was it proposed in bad faith. (10th Cir.)
Issue(s)
Confirmation of Plan; Requirements; Plan Proposed in Good Faith.

ABI Membership is required to access the full summary of Kearney v. Unsecured Creditors Comm. Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

:
Judge or Jurisdiction information not available
Consumer opinion summary, case decided on February 24, 2021 , LexisNexis #0421-018

Ton, In re

Ruling
Debtor's second amended plan of reorganization as modified was confirmed as the agreementwith creditors reflected in the Plan was fair and equitable, and in the best interests of theEstate and its respective creditors. (Bankr. E.D. La.)
Issue(s)
Confirmation of Plan.

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

Consumer opinion summary, case decided on February 24, 2021 , LexisNexis #0421-015

R&R Trucking, Inc., In re

Ruling
Chapter 11 could be confirmed as it satisfied the requirements in that each holder of a claim orinterest had accepted the plan or would receive an amount not less than the amount that suchholder would receive under Chapter 7. (Bankr. E.D. Wash.)
Issue(s)
Confirmation of Plan; Requirements.

ABI Membership is required to access the full summary of R&R Trucking, Inc., 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 February 23, 2021 , LexisNexis #0421-017

Mohajer 12 Corp., In re

Ruling
Debtor was not entitled to an order enjoining a state court receiver as it would be contrary tothe terms of a negotiated settlement agreement. (Bankr. S.D. Ala.)
Issue(s)
Confirmation of Plan; Requirements; Subsequent Liquidation or Further

ABI Membership is required to access the full summary of Mohajer 12 Corp., 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 January 22, 2021 , LexisNexis #0221-093

Claar Cellars LLC, In re

Ruling
Debtors' proposed plan could not be confirmed as it did not specify the treatment of anyclass of claims or interests impaired. (Bankr. E.D. Wash.)
Issue(s)
Confirmation of Plan.

ABI Membership is required to access the full summary of Claar Cellars LLC, 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 January 14, 2021 , LexisNexis #0221-069