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Ninth Circuit Narrowly Construes “Insiders” and, in Controversial Decision, Declines to Reverse Bankruptcy Appellate Panel

USA - February 11 2016 To cram-down a chapter 11 plan on non-accepting classes, at least one impaired class must accept the plan, not counting the votes of insiders. In…

Hugh McCullough, Steven G. Polard, Ragan Powers, Harvey S. Schochet, Joseph M. VanLeuven