Alabama Department of Economic & Community Affair v. Ball Healthcare-Dallas LLC

TJOFLAT, Circuit Judge:

This appeal arises out of an individual Chapter 11 bankruptcy proceeding filed in the Bankruptcy Court for the Southern District of Alabama by Dr. Charles L. Lett, Sr. (“Lett” or “Debtor”). As in the district court on appeal, the State of Alabama, by and through the Alabama Department of Economic and Community Affairs (“ADECA” or “Creditor”), challenges the bankruptcy court’s confirmation of Lett’s plan of reorganization.

Broadly stated, “Chapter 11 strikes a balance between a debtor’s interest in reorganizing and restructuring its debts and the creditors’ interest in…