Fifth Circuit Revokes a Controversial Opinion with Dicta on the Solvent-Debtor Exception
Fifth Circuit upholds its prior ruling that disallowing part of a claim under the Bankruptcy Code does not render the claim ‘impaired’ to allow voting on a chapter 11 plan.
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Case Details
Case Citation
Ultra Petroleum Corp. v. Ad Hoc Committee of Unsecured Creditors (In re Ultra Petroleum Corp.), 17-20793 (5th Cir. Nov. 26, 2019).
Case Name
Ultra Petroleum Corp. v. Ad Hoc Committee of Unsecured Creditors (In re Ultra Petroleum Corp.)
Case Type
Business