A Liquidating Plan Doesn’t Automatically Pass the Best Interests Test, BAP Says

September 23, 2020

A Liquidating Plan Doesn’t Automatically Pass the Best Interests Test, BAP Says

Findings of fact to show satisfaction of the best interests test ordinarily should be numerical comparisons, Ninth Circuit BAP Says

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Opinion Link

View Opinion

https://abi-opinions.s3.amazonaws.com/Farwest.pdf

Case Details

Case Citation

Farwest Pump Co. v. Official Committee of Unsecured Creditors (In re Farwest Pump Co.), 19-1274 (B.A.P. 9th Cir. Sept. 18, 2020).

Case Name

Farwest Pump Co. v. Official Committee of Unsecured Creditors (In re Farwest Pump Co.)

Case Type

Business

Court

9th Circuit

Bankruptcy Tags

Plan Confirmation

Business Reorganization