This is the next post in Plan Proponent’s series on the confirmation-related recommendations in the ABI Commission Report (and, in particular, its Exiting the Case piece). We addressed Part A (section 1 and section 2) and Part B in prior posts. Part C (“Value Determinations, Allocation, and Distributions”) is more involved. Therefore, we’ll
ABI Commission
ABI Commission Report – Approval of 363x Sales
This is the next post in Plan Proponent’s series on the confirmation-related recommendations in the ABI Commission Report (and, in particular, its Exiting the Case piece). Part B of the “Exiting the Case” piece is titled “Approval of Section 363x Sales.”
Acknowledging various concerns raised by courts about Section 363 sales, the Commission considered the…
ABI Commission Report – Fiduciary Duties in the Plan Process
This is the next post in Plan Proponent’s series on the confirmation-related recommendations in the ABI Commission Report (and, in particular, its Exiting the Case piece). Part A of that piece is titled “General Authority of Debtor in Possession and its Board of Directors.” The second section of Part A (and this post) addresses the…
ABI Commission Report – Authority of the Debtor in the Plan Process
This is the next post in Plan Proponent’s series on the confirmation-related recommendations in the ABI Commission Report. Click here for the Introduction. Over the next 2 months, Plan Proponent will dig into the Exiting the Case piece of the Report. Part A is titled “General Authority of Debtor in Possession and its Board…
ABI Commission Report – Plan Confirmation Issues (Part 1)
The American Bankruptcy Institute will kick-off its 33rd Annual Spring Meeting in Washington, D.C. on April 16. Lou Gramm, the former lead singer for Foreigner, and a humble panel of bankruptcy heavyweights are fighting for top billing. Not really. After all, Gramm gets a 3 hour “Gala Dinner.” However, the panel will address a…