Sitting on the Sidelines in a Chapter 11 Case Sometimes Doesn’t Pay Off

February 5, 2024

Sitting on the Sidelines in a Chapter 11 Case Sometimes Doesn’t Pay Off

Knowledge of a chapter 11 case is enough to bind a creditor to the terms of a plan, even if the creditor hasn’t filed a claim, the Fifth Circuit says.

Lorem ipsum dolor sit amet consectetur, adipisicing elit. Soluta dolorem consequuntur corporis pariatur rem aliquam similique animi fugiat iure explicabo eius omnis minima labore natus, repellat aut odio fuga vero. Lorem ipsum dolor sit amet consectetur, adipisicing elit. Soluta dolorem consequuntur corporis pariatur rem aliquam similique animi fugiat iure explicabo eius omnis minima labore natus, repellat aut odio fuga vero.

Lorem ipsum dolor sit amet consectetur, adipisicing elit. Soluta dolorem consequuntur corporis pariatur remaliquam similique animi fugiat iure explicabo eius omnis minima labore natus, repellat aut odio fuga vero. Lorem ipsum dolor sit amet consectetur, adipisicing elit. Soluta dolorem consequuntur corporis pariatur remaliquam similique animi fugiat iure explicabo eius omnis minima labore natus, repellat aut odio fuga vero.

ABI MEMBERS ONLY

ABI Membership is required to access the full summary. Please Sign in using your ABI Member credentials.

Not a Member yet? Try Us Out!

Sign up to receive Rochelle's Daily Wire and try out our membership for 30 days. When you do — you'll see why our members "Think ABI First."

Learn More

Opinion Link

View Opinion

https://abi-opinions.s3.amazonaws.com/German+Pellets.pdf

Case Details

Case Citation

Raymond James & Associates Inc. v. Jalbert (In re German Pellets Louisiana LLC), 23-30040 (5th Cir. Jan. 30, 2024)

Case Name

Raymond James & Associates Inc. v. Jalbert (In re German Pellets Louisiana LLC)

Case Type

Business

Court

5th Circuit

Bankruptcy Tags

Plan Confirmation

Business Reorganization

Investment Banking

Comments

Submitted by Kevin Gleason on February 5, 2024

Conflicts with, "...nuisance and trespass claims of property owners who had actual notice of Chapter 11 debtors' bankruptcy but who did not receive mandatory notice of claims bar date were not discharged upon confirmation of Chapter 11 plan." In re Spring Valley Farms, Inc., 863 F.2d 832 (11th Cir. 1989)