Adverse Plan Amendment Requires a Disclosure Statement and More Voting, Circuit Says
The Eleventh Circuit stated the obvious: A class that gets something under a chapter 11 plan is entitled to a disclosure statement and to vote again if an amendment takes it away, even if the class was entitled to nothing in the first place.
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Case Details
Case Citation
Braunn v. America-CV Station Group Inc. (In re America-CV Station Group Inc.), 21-13774 (11th Cir. Jan. 5, 2023).
Case Name
Braunn v. America-CV Station Group Inc. (In re America-CV Station Group Inc.)
Case Type
Business