Adverse Plan Amendment Requires a Disclosure Statement and More Voting, Circuit Says
The Eleventh Circuit stated the obvious: A class that gets something under a chapter 11 plan is entitled to a disclosure statement and to vote again if an amendment takes it away, even if the class was entitled to nothing in the first place.
Court:
Overview of Subchapter V: Part II
Overview of Subchapter V: Part I
Judicial Round-and-Round: Part II
Restructuring Support Agreements: Creditor Support or Creditor Manipulation?
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Emerging Leaders & Judges’ Roundtable Program
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