Rochelle's Daily Wire

Former Bankruptcy Judge David R. Jones disagreed with a colleague, who had held that a non-voting class is considered as having voted against a plan.

The Fifth Circuit avoided deciding whether approval of breakup fees is judged by the more lenient Section 363(b) or the more exacting standard for administrative expenses under Section 503(b).

Bankruptcy Judge David Jones finds the Jay Alix Protocol to be ‘completely unnecessary.’

Judge David Jones found no basis in the Cares Act for precluding chapter 11 debtors from receiving PPP “loans” that the company isn’t required to repay.

Holder in due course of consumer paper remains subject to the debtor’s claims against the originator of the paper.

A plan’s declaration that disputed property belongs to the debtor’s estate must be challenged before confirmation becomes final.