Legal Opinion
In re Martin
United States Bankruptcy Court, M.D. Florida
Decided September 17, 2013No. Case No: 8:13-bk-00624-MGWPublishedCited by 8 opinions
1Opinion of the Court
Chapter 11
MEMORANDUM OPINION ON ABSOLUTE PRIORITY RULE
Michael G. Williamson, United States Bankruptcy Judge
In this Memorandum Opinion, the Court adopts the “narrow view” of the applicability of the absolute priority rule in individual Chapter 11 cases following the enactment of the Bankruptcy Abuse Prevention and Consumer Protection Act.1 Under this view, a plan cannot be confirmed unless either a non-accepting class of unsecured creditors will be paid in full or the debtor will not receive or retain any non-exempt pre-petition property under the plan following confirmation. In this case, the…
2Cases cited32 opinions
- Norwest Bank Worthington v. AhlersSupreme Court of the United States · 1988
- National Ass'n of Home Builders v. Defenders of WildlifeSupreme Court of the United States · 2007
- Case v. Los Angeles Lumber Products Co.Supreme Court of the United States · 1939
- Northern Pacific Railway Co. v. BoydSupreme Court of the United States · 1913
- Ransom v. FIA Card Services, N. A.Supreme Court of the United States · 2011
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3Cited by8 opinions
- In re JohnsonUnited States Bankruptcy Court, S.D. Ohio · 2016
- In re BakerUnited States Bankruptcy Court, M.D. Florida · 2013
- Brown v. Ferroni (In re Brown)District Court, E.D. Pennsylvania · 2014
- Todeschi v. Juarez (In Re Juarez)United States Bankruptcy Appellate Panel for the Ninth Circuit · 2019
- In re EnglerUnited States Bankruptcy Court, M.D. Florida · 2013
3 more not listed; retrieve them via the Exa API.