Confirm Now, Transfer Later: A Solution To Venue Problem

Law360, New York (August 01, 2012, 1:45 PM ET) -- Recently, you may have read that Houghton Mifflin Harcourt Publishing Company and 24 of its affiliates confirmed their prepackaged plan of reorganization. What you might not know, however, is that the United States Bankruptcy Court for the Southern District of New York confirmed the Houghton Mifflin plan, despite finding, the very next day, that venue in the Southern District was improper.

Specifically, in In re Houghton Mifflin Harcourt Publishing Co., the court ruled that the statutory requirements for venue under 28 U.S.C. § 1408 were not...
To view the full article, take a free trial now.
Try Law360 for free for seven days
Already a subscriber? Click here to login

Already have access?

  1. Forgot your password?
  2. Sign In

Get instant access to the one-stop news source for business lawyers

Required