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Absolute Priority: The Blog for Business Bankruptcy, Insolvency and Restructuring | Current Discussions and Information on Business Bankruptcy Issues
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Absolute Priority | News, trends and developments from the continually evolving bankruptcy sector
November 11, 2016 · 9:41 am. Ninth Circuit Rules That A Purchaser of An Insider’s Claim Should Not Be Deemed an Insider for the Purposes of Voting on a Plan of Reorganization. Not counting the votes of insiders. Provided that certain other Code requirements are met. US Bank N.A. v. The Village at Lakeridge, LLC (In re The Village at Lakeridge, LLC). And that of a. Reasons and uninfected with the unique motivations of the insider. But the dissenting portion of the opinion concluded that the claims pur...
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