Trimax Med. Management, In re
May
20
2024
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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Court
:
NESV Ice, LLC, In re
Apr
15
2024
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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Court
:
Who Dat?, Inc., In re
Mar
27
2024
Ruling
Court declined to confirm debtor's plan as the plan was not filed in good faith and anyconfirmation of the plan was likely to be followed by the liquidation or the need for furtherfinancial reorganization of the debtor. (Bankr. E.D. La.)
Issue(s)
Confirmation of Plan; Requirements.
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Court
:
- 11 U.S.C.
Celsius Network LLC, In re
Nov
09
2023
Ruling
Settlement valuing a cryptocurrency token satisfied the best interests test for confirmation of aplan of reorganization as the token had only speculative value on the petition date, which wasnot ascertainable from the market price. (Bankr. S.D.N.Y.)
Issue(s)
Confirmation of Plan; Requirements; Impaired Classes; Acceptance or Receipt of
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Court
:
- 11 U.S.C.
Kalos Capital, In re
Oct
31
2023
Ruling
Plan confirmed as not likely to be followed by liquidation or need for further financialreorganization of the debtor except as provided in the plan. (Bankr. N.D. Ga.)
Issue(s)
Confirmation of Plan; Requirements; Subsequent Liquidation or Further
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Court
:
- 11 U.S.C.
Boteilho Haw. Enters., In re
Oct
24
2023
Ruling
Subchapter V plan was approved as it satisfied the best interests of creditors test. (Bankr. D.Haw.)
Issue(s)
Confirmation of Plan; Requirements; Impaired Classes; Acceptance or Receipt of
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Court
:
Judge or Jurisdiction information not available
- 11 U.S.C.
BSA, In re--Washburn v. BSA
Oct
20
2023
Ruling
Proceeding claiming conspiracy in proposal of Chapter 11 plan was barred by the preclusiveeffect of the confirmation order. (Bankr. D. Del.)
Issue(s)
Confirmation of Plan; Requirements; Plan Proposed in Good Faith.
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Court
:
- 11 U.S.C.
Saturno Design, LLC, In re
Sep
13
2023
Ruling
Confirmation of debtor's Chapter 11 plan was denied as debtor did not act in bad faith bymaking its plan-based collateral-valuation proposal. (Bankr. D. Or.)
Issue(s)
Confirmation of Plan; Requirements; Subsequent Liquidation or Further
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Court
:
- 11 U.S.C.
Higgins AG, LLC, In re
May
31
2023
Ruling
Plan could be confirmed by court even if less than all creditors or classes accepted the plan and, in such an instance, the plan would still be binding on those creditors or classes that rejected the plan. (Bankr. N.D. Tex.)
Issue(s)
Confirmation of Plan; Requirements; Impaired Classes.
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Court
:
- 11 U.S.C.
Threesquare, LLC, In re
Mar
28
2023
Ruling
Trustee's objection to debtor's proposed Chapter 11 plan was rejected as the plan was feasible under the Berhmann factors. (Bankr. N.D. W. Va.)
Issue(s)
Confirmation of Plan; Requirements; Subsequent Liquidation or Further Reorganization Not Anticipated.
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Court
:
Judge or Jurisdiction information not available