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Massachusetts Bankruptcy Court Adopts "Per Plan" Approach to Impaired Class Acceptance Requirement for Confirmation of Joint Chapter 11 Plan | Jones Day

If any class of creditors under a chapter 11 plan is "impaired," the Bankruptcy Code provides that the plan can be confirmed by the bankruptcy court only if at least one impaired class. ....

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Massachusetts Bankruptcy Court Adopts

If any class of creditors under a chapter 11 plan is "impaired," the Bankruptcy Code provides that the plan can be confirmed by the bankruptcy court only if at least one impaired class. ....

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Massachusetts Bankruptcy Court Adopts "Per Plan" Approach to Impaired Class Acceptance Requirement for Confirmation of Joint Chapter 11 Plan

Massachusetts Bankruptcy Court Adopts "Per Plan" Approach to Impaired Class Acceptance Requirement for Confirmation of Joint Chapter 11 Plan
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Chapter 7 debtor is denied discharge of student debt

‘Very difficult’ to prevail under statute A federal Bankruptcy Court judge has ruled that a Chapter 7 debtor with $200,000 in student debt and no realistic ability to repay any significant portion under her present circumstances was not entitled to an undue hardship discharge under §523(a)(8) of the U.S. Bankruptcy Code. The debtor, ....

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Bankrupt employer can avoid debt from Wage Act judgment | Virginia Lawyers Weekly

A U.S. Bankruptcy Court judge in Massachusetts has found that a judgment debt owed by a contractor to two workers in their state Wage Act case can be discharged. Plaintiffs Julio Simoes and Eduardo Pereira, who performed construction work for debtor Nicholas A. Sivieri III, brought successful misclassification and overtime claims against the debtor in . ....

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