Summarized by Leslie Hyman , Pulman, Cappuccio, Pullen & Benson
15 years 4 months ago
Citation:
(5th Circuit, Dec 31,1969)
Ruling:
The Fifth Circuit held that (1) the district court erred in dismissing for lack of jurisdiction an appeal of the bankruptcy court's order denying note-holders' superpriority claim despite the...
Summarized by Leslie Hyman , Pulman, Cappuccio, Pullen & Benson
15 years 4 months ago
Citation:
(5th Circuit, Dec 31,1969)
Ruling:
The Fifth Circuit ruled that the bankruptcy court's refusal to confirm a Chapter 11 plan under 11 U.S.C. § 1129(b), and to instead convert the case to a Chapter 7 liquidation, was proper.