The United States Supreme Court (Scalia, J.) held that a a Chapter 11 cramdown plan could not be confirmed over objection of secured creditor, where the plan called for the sale of collateral free and clear of the Bank’s lien,…
Alternative Dispute Resolution
Published decision from trials and appeals can give you a glimpse into the huge volume of cases resolved by a trial. Some disputes simply will not be resulted without a decision by a jury or a man or woman…
FIRST DAY ORDERS — CRITICAL VENDOR ORDERS AFTER KMART (Reprint)
With the commencement of a Chapter 11 reorganization comes the automatic stay and also a prohibition of the debtor’s use of cash collateral, incurring of new debt, or activity outside the ordinary course without appropriate court orders. Operation of the…