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Plan Proponent

A Bankruptcy Confirmation Blog

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Ninth Circuit Follows the Lead on Absolute Priority Rule

By Thomas McClendon on January 29, 2016
Posted in Absolute Priority Rule, Individual Debtors, Plan Confirmation

(If as many people who showed up to the 9th Circuit for Prop 8 showed up for the absolute priority rule, then the absolute priority rule might finally get the attention that it deserves from the U.S. Supreme Court!)

Yesterday, in Zachary v. California Bank & Trust,  the Ninth Circuit overturned the Ninth Circuit…

David L. Bury Jr. of Stone & Baxter, LLP

Plan Proponent

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About the Blog

Dave launched Plan Proponent in February 2015 as a way of staying on top of developments in Chapter 11. While many blogs do an excellent job of covering the entire landscape of commercial bankruptcy, Plan Proponent’s stated and necessarily more narrow focus is on plan confirmation—Chapter 11’s ultimate value proposition—with Supreme Court bankruptcy coverage thrown in for fun. You can subscribe here. And if you have topic suggestions or ideas for improving the blog, or simply need gratuitous help with a confirmation research issue, then feel free to contact us!
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About Stone & Baxter

Stone & Baxter is a boutique business litigation firm with a special emphasis on financial restructuring and bankruptcy. With its strategic location in Macon, Georgia, Stone & Baxter readily serves debtors and other restructuring constituencies all over the State. The firm also has robust transactional and regulatory practices.

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