All in a Day’s Work. Belk Achieves Confirmation of Pre-Packaged Plan in Record Time
PBWT
MARCH 2, 2021
” [1] Critically, the plan leaves all unsecured creditors unimpaired. We posit a few of those here: Broad Creditor Support. It’s not terribly insightful, but no less essential, to observe that no pre-packaged bankruptcy case can hope to win confirmation quickly, let alone in a single day, without broad creditor support.
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