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· 5/12/1994

In the Matter of Woodbrook Associates, Debtor-Appellant

Citations

  • 19 F.3d 312

How courts have described this case

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

  • holding that a 3.8% contribution is not substantial
  • finding that debtor’s inclusion of “saving” provision in plan, which provision took effect upon court’s rejection of proposed cash payment to debtor by debtor’s equity holders, indicated that proposed cash payment was not necessary
  • “Bankruptcy courts are given a great deal of discretion to say when enough is enough.”
  • right to make § 1111(b) election requires separate classification of deficien cy when debtor is a single-asset partnership
  • rule against artificial classification difficult to apply since it is about the debtor's purpose
  • $100,000 contribution not substantial 21 because it is only 3.8% of $2.6 million unsecured debt

Source: CourtListener parenthetical corpus (CC0).

Judges: Posner, Cummings, Zagel

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.