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Home / Opinions / Courts / 8th U.S. Circuit Court of Appeals / Bankruptcy: Voluntary Reorganization-Approval of Plan-Creditors’ Objection

Bankruptcy: Voluntary Reorganization-Approval of Plan-Creditors’ Objection

Debtors filed a voluntary reorganization petition under Chapter 11. Despite the objection of non-consenting creditors, the bankruptcy court confirmed debtors’ reorganization plan. The creditors appealed, and the district court dismissed the appeal as equitably moot, alternatively ruling that the plan complied with the bankruptcy code, treated all claims in a particular class similarly and was ...

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