TITLE

§ 1129(e): The "Pernicious" Little Provision in Small Business Cases

AUTHOR(S)
LEDGERWOOD, GARRETT S.
PUB. DATE
June 2013
SOURCE
ABI Journal;Jun2013, Vol. 32 Issue 5, p30
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses Section 1129(e) of the Bankruptcy Code as enacted to become part of the Bankruptcy Abuse Preventions and Consumer Protection Act (BAPCPA) of 2005. It explains that a court should confirm a plan not later than 45 days after the plan is filed. Based on the provisions under 1125(b) and Federal Regulations on Bankruptcy P. 3007 and 2002, the traditional confirmation timeline could result to a denial of confirmation due to the 1129(e)'s 45-day confirmation timetable.
ACCESSION #
88012882

 

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