Legal Opinion

Motorola, Inc. v. Official Committee of Unsecured Creditors

Court of Appeals for the Second Circuit

Decided March 5, 2007No. Docket No. 05-2236-BKPublishedCited by 15 opinions

1Opinion of the Court

WESLEY, Circuit Judge:

There is little doubt that settlements of disputed claims facilitate the efficient functioning of the judicial system. In Chapter 11 bankruptcies, settlements also help clear a path for the efficient administration of the bankrupt estate, including any eventual plan of reorganization. Before pre-plan settlements can take effect, however, they must be approved by the bankruptcy court pursuant to Bankruptcy Rule 9019.

This case requires us to determine whether a long-standing creditor protection — the Bankruptcy Code’s priority scheme for reorganization plan distributions —…

2Cases cited18 opinions

  1. Protective Committee for Independent Stockholders of TMT Trailer Ferry, Inc. v. AndersonSupreme Court of the United States · 1968
  2. Northern Pacific Railway Co. v. BoydSupreme Court of the United States · 1913
  3. In Re Drexel Burnham Lambert Group, Inc.Court of Appeals for the First Circuit · 1992
  4. In Re Armstrong World Industries, Inc.Court of Appeals for the Third Circuit · 2005
  5. Statutory Committee of Unsecured Creditors Ex Rel. Iridium Operating LLC v. Motorola, Inc. (In Re Iridium Operating LLC)District Court, S.D. New York · 2002

13 more not listed; retrieve them via the Exa API.

3Cited by15 opinions

  1. In Re Iridium Operating LLCCourt of Appeals for the Second Circuit · 2007
  2. In Re Chrysler LLCCourt of Appeals for the Second Circuit · 2009
  3. In re Dewey & LeBoeuf LLPUnited States Bankruptcy Court, S.D. New York · 2012
  4. In re KernerUnited States Bankruptcy Court, S.D. New York · 2019
  5. In re Sabine Oil & Gas Corp.United States Bankruptcy Court, S.D. New York · 2016

10 more not listed; retrieve them via the Exa API.

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API