Sixth Circuit Nixes the Notion of Artificial Impairment for Plan Confirmation
Sixth and Fifth Circuits arguably disagree on what constitutes artificial impairment to confirm a chapter 11 plan.
Court:
Split 9th Circuit BAP Exempts Adoption Payments from Disposable Income in Chapter 13
9th Circuit BAP opinion broadly puts welfare payments beyond reach of chapter 13 creditors.
Court:
Vantage Wins Confirmation of Its Chapter 11 Bankruptcy Plan
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Gun Maker Colt Says It Exited Bankruptcy
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TransCoastal Reorganization Plan Wins Approval
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Sciens Lines Up Cash for Gun Maker Colt's Bankruptcy Exit
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Florida Judge Reads Eleventh Circuit Conservatively on Third-Party Releases
Plan insulating business owners flunks the test for third-party releases.
Fifth Circuit Sticks by ‘Specificity’ Test for Third-Party Releases
Generic language won’t release third parties in the Fifth Circuit.
Court:
San Bernardino Bankruptcy Leaves Little for Police-Brutality Payouts
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Judge Properly Attached Strings to a Full-Payment Chapter 13 Plan
Equity powers enable a judge to put the screws to a chapter 13 debtor.