"'Per Plan' or 'Per Debtor'? Transwest Reignites the § 1129(a)(10) Debate," by Bankruptcy and Restructuring special counsel Anupama Yerramalli and associate Alexander J. Nicas  was published in the American Bankruptcy Institute Journal on April 1, 2018. The article examines the recent Ninth Circuit ruling in Transwest, which held that 11 U.S.C. § 1129 (a)(10) should be interpreted on a "per-plan" basis, meaning that only one impaired accepting class at one debtor is required for a multi-debtor joint chapter 11 plan.

Read the full article here .

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.