Moving A Ch. 11 Plan Through Confirmation

Law360, New York (August 28, 2013, 3:00 PM EDT) -- The culmination of a Chapter 11 case is the confirmation, or court approval, of a Chapter 11 plan. After voting has concluded, and assuming the plan proponent believes that the plan has been accepted by the requisite class or classes of stakeholders, the court will hold a hearing to consider whether the plan meets the statutory requirements and standards for confirmation and should be confirmed.

The confirmation hearing may be fairly short if all classes entitled to vote on the plan support the plan and there...
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