In the Matter of Sandy Ridge Development Corporation, Debtor. Sandy Ridge Development Corporation v. Louisiana National Bank

How courts have described this case

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

• noting that Shoaf held that res judicar ta effect is given to an order approving a plan which expressly provides for release of a third party guarantor
• stating “section 1129(b)(2)(A) deals with secured claims, while section 1129(b)(2)(B) deals with unsecured claims”
• the confirmation of a chapter 11 plan does not release the guarantors from liability
• “A discharge in bankruptcy will simply not affect the liability of a guarantor.”
• “[C]ommon sense tells us that property is the indubitable equivalent of itself.”
• “[C]ommon sense tells us that property is the indubitable equivalent of itself.”

Source: CourtListener parenthetical corpus (CC0).