Civil Rights
Block on Trump's Asylum Ban Upheld by Supreme Court
In creditors' appeal from the bankruptcy court's confirmation of the debtor's Chapter 11 liquidation plan, the order is affirmed where: 1) 11 U.S.C. section 1123(a)(4) only required equal treatment of members within the same class; 2) the plan made all the disclosures regarding the Equity Subcommittee required by 11 U.S.C. section 1129(a)(5)(A)(i); and 3) because a class of creditors voted in favor of the plan, the absolute priority rule unambiguously did not apply to those claims.
Read In re: Superior Offshore Int'l., Inc., No. 09-20213
Appellate Information
Filed December 14, 2009
Judges
Opinion by Judge Jones