United States: Lenders Beware -- Fifth Circuit Has Lowered The Bar For Cramdown Plan Confirmation - Sheppard Mullin Richter & Hampton
In a recent Fifth Circuit decision, Western Real Estate Equities, LLC v. Village at Camp Bowie I, L.P., No. 12-10271, the court held that the acceptance vote from a minimally and "artificially impaired" class of claims meets the 11 U.S.C. § 1129(a)(10) requirement for the confirmation of a non-consensual "cramdown" chapter 11 plan.
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bar
beware
bowie
circuit
confirmation
cramdown
decision
equity
hampton
llc
mullin richter
requirements
sheppard
states
united
village
western
Found more than 1 month ago on channel
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United States: Lenders Beware -- California Decision May Ignite Next Wave Of Lender Liability Litigation - Sheppard Mullin Richter & Hampton
In a recent decision from the California Court of Appeals entitled Jolley v. Chase Home Finance, LLC, the Court severely curtailed lenders’ ability to dispose of lender liability claims on summary judgment, thereby adopting a marked departure from existing law.
ability
appeals
beware
california court
chase
decision
finance
hampton
jolley
judgment
liability
litigation
llc
mullin richter
sheppard
states
united
Found more than 1 month ago on channel
Mondaq