Last month, Judge Laura Grandy, a bankruptcy judge in the Southern District of Illinois, entered confirmation opinion in STC, Inc.’s Chapter 11 case. The opinion is noteworthy for 2 reasons. First, it amounts to an excellent treatise on the Section 1129 confirmation requirements. Second, I’m honored that Judge Grandy cited in her opinion the American
Revisiting § 1129(a)(7)’s “Best Interests of Creditors Test”
By Thomas McClendon on
Posted in Plan Confirmation
(Indian guest workers protesting alleged human trafficking by Signal International)
Last week, Judge Walrath, a Delaware bankruptcy judge, entered her order confirming the Plan of Liquidation in the Signal International, Inc. Chapter 11. For the backstory on Signal’s July 12, 2015 filing, the Morris James Delaware Business Bankruptcy Report has you covered. The…