In Re Michelex Ltd.

How courts have described this case

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

• finding that where a proper proof of claim is filed before or at the section 341 meeting, then it supersedes the debtor’s schedules and the universe of claims must be adjusted by the proofs of claims actually filed
• “Finally, an undersecured creditor may hold an interest materially adverse to other creditors.”
• excluding unsecured portion of undersecured claims from calculations

Source: CourtListener parenthetical corpus (CC0).