Ninth Circuit Makes Glaring Error in Chapter 11 Cramdown Opinion
Circuit erroneously cites Section 1325 as governing in chapter 11 cramdown.
Court:
Everything You Need to Know About Liquidating Chapter 11 Plans
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Business Reorganization/Legislation
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Mortgages Command Priority over Legal Fees in a Chapter 13 Plan
Plan can’t cause default on a home mortgage to pay a debtor’s lawyer first.
Paid in Full but Impaired, Lender Entitled to Pendency Interest at Default Rate
9th Cir. BAP precludes using ‘equitable discretion’ to lower lender’s interest rate.
Court:
Plan in Suspended Animation when Chapter 13 Case Converted to Chapter 7
Judge ducks ability to reconvert previously converted case to chapter 13.
Court:
Chicago Judge Splits with Ninth Circuit on Interest for Unsecured Claims in Surplus Plan
Default interest rate given to unsecured creditors in full-payment chapter 11 plan.
Swift Energy Wins Approval of Chapter 11 Reorganization Plan
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Molycorp Wins Approval to Exit Chapter 11
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