United States v. Ranes

How courts have described this case

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

• finding that the key employee plan was “critically necessary” to ensure the debtors’ operations could be sold as a going concern and promoted fair and equitable treatment
• granting motion to reject collective bargaining agreement based upon the debtor’s use of expense projections and monthly operating reports which revealed successive financial losses
• requiring only that the debtor’s “Final Proposal be necessary to permit the Debtors’ reorganization -i.e., ... those modifications necessary to consummate a going-concern sale”
• “[T]he bar for satisfying this requirement is low because in most cases, this factor is a ‘routine formality.’ ”
• “It was not, and is not, reasonable or good cause, for the Union to outright reject a proposal by demanding conduct or action the Debtors do not control.”
• “Sections 1113 and 1114 only require that the Debtors’ Fourth Proposal be necessary to permit the Debtors’ reorganization—i.e., in these Chapter 11 Cases, those modifications necessary to consummate a going-concern sale.”

Source: CourtListener parenthetical corpus (CC0).