The Sixth Circuit Court of Appeals Reverses Bankruptcy Court’s Ruling that the Absolute-Priority Rule No Longer Applies to Individual Chapter 11 Debtors

The Sixth Circuit Court of Appeals recently issued an opinion confirming that the absolute priority rule still applies to individual chapter 11 debtors following the 2005 amendments to the Bankruptcy Code. Ice House America, LLC v. Charles Cardin,...
By: Buchanan Ingersoll & Rooney PC

Buchanan Ingersoll & Rooney PC