Giving Inferior Classes Nothing May Not by Itself Amount to ‘Fair and Equitable’
Conducting a valuation hearing on a cramdown plan isn’t always required.
A Vote for a Plan After the Deadline Won’t Be Counted, Judge Blise Says
Because ‘excusable neglect’ won’t allow a late vote to be counted, counsel must solicit votes on a plan before the voting deadline.
Hot Topics in Subchapter V and Consumer Bankruptcy Cases
Courts Are Now Split on Ignoring Nonvoting Classes in Subchapter V Plans
Disagreeing with two bankruptcy courts in Houston, Miami’s Judge Isicoff holds that a Sub V plan with a nonvoting class can be confirmed only as a nonconsensual plan.