In Re Coram Healthcare Corp.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that the “Trustee (and the Court) do not have the power to grant a release of the Noteholders on behalf of third parties.”
• holding that the plan inappropriately classified an insider’s unse cured claim separately from general unsecured claims
• recognizing that equitable considerations may be relevant to legal rate of interest analysis
• recognizing that equitable considerations may be relevant to legal rate of interest analysis
• stating that third party release of trustee, equity committee and their related professionals is not permissible except to the extent it relates to post-petition activity which does not constitute gross negligence or willful misconduct
• clarifying that courts should not consider “any acceptance” of the plan by an insider in determining whether there is an accepting class of creditors under Section 1129(a)(10)

Source: CourtListener parenthetical corpus (CC0).