In re ACandS Inc.

Pre 2005-Act: 
Pre 2005-Act
Ruling: 
Debtor in possession was a proper plan proponent and plan approved as meeting all code requirements.
Procedural posture: 
Debtor, a debtor in possession (DIP), proposed a plan of reorganization and sought confirmation from the court. After various objections were resolved or withdrawn and after the court considered the provisions thereof, it proceeded to consider whether the plan was properly approved pursuant to, inter alia, 11 U.S.C.S. § 1122, 11 U.S.C.S. § 1123, 11 U.S.C.S. § 1126, and 11 U.S.C.S. § 1129.
Issue: 
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Commercial case opionion summary, case decided on May 06,2008, LexisNexis #0908-069