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Sale of business IN Chapter 11 plan - does debtor still receive a discharge?
Looking at 1141(d)(3). Is there a way to sell the Debtor as a going concern
in the plan to a 3rd party who wants to buy, and still receive a discharge?
This is important to unload the general unsecureds at less than full
payment and not allow them to have recourse.
Does anyone here have a plan with such a provision that you can email me
for review?
Holly Roark
Certified Bankruptcy Specialist*
*and Sports Lawyer*
holly@roarklawoffices.com **primary email address**
www.roarklawoffices.com
*Central District of California & District of Idaho* - Consumer Bankruptcy
Attorney
1875 Century Park East, Suite 600 Los Angeles, CA 90067
T (310) 553-2600; F (310) 553-2601
*By State Bar of California Board of Legal Specialization
Looking at 1141(d)(3). Is there a way to sell the Debtor as a going concern in the plan to a 3rd party who wants to buy, and still receive a discharge? This is important to unload the general unsecureds at less than full payment and not allow them to have recourse.Does anyone here have a plan with such a provision that you can email me for review?Holly RoarkCertified Bankruptcy Specialist*and Sports Lawyer
holly@roarklawoffices.com**primary email address**
www.roarklawoffices.com
Central District of California & District of Idaho - Consumer Bankruptcy Attorney
1875 Century Park East, Suite 600 Los Angeles, CA 90067T (310) 553-2600; F (310) 553-2601
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