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Eighth Circuit Upholds Backstopped Rights Offerings for Chapter 11 Plans

Appeals court laudably provides guidance for lower courts by ruling on the merits of a chapter 11 plan and not dismissing an appeal for being equitably moot.

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Opinion Link

Case Details

Case Citation

Ad Hoc Committee of Non-Consenting Creditors v. Peabody Energy Corp. (In re Peabody Energy Corp.), 18-1302 (8th Cir. Aug. 9, 2019).

Case Name

In re Peabody Energy Corp., 18-1302

Case Type

Business
Court