In Re Potter Material Service, Inc., Debtor. Official Creditors' Committee on Behalf of Class 8 Unsecured Creditors v. Potter Material Service, Inc.

How courts have described this case

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

• The substantialness “argument[ ] go[es] essentially to [the question of whether the current shareholder’s] contribution exceeded the interest he received.”
• a showing that the contribution was not necessary or that the shareholders were not the only available source of funds would require a court finding of whether the plan was “fair and equitable”

Source: CourtListener parenthetical corpus (CC0).