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03/20/2012 08:00:00 PM EST

Supreme Court Grants Writ of Certiorari to Resolve Credit-Bidding Circuit Split

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Taxation Articles on Martindale.com

When a debtor proposes a plan of reorganization under Chapter 11, adversely affected secured creditors may vote against the plan or object to its confirmation. However, § 1129(b)(1) of the Bankruptcy Code provides that a plan may nevertheless be Read More...