OK got it thanks! I was just wondering if they we
Post# of 8802
(Total Views: 1696)
Posted On: 05/19/2017 12:11:12 PM
OK got it thanks! I was just wondering if they were playing a cat and mouse game with URSA as roosty said? When I re-read the ballot doc it said
so I was just wondering if URSA acceptance was even needed now?
Quote:
BALLOT FOR ACCEPTING OR REJECTING DEBTOR’S PLAN OF REORGANIZATION
The Plan referred to in this ballot can be confirmed and thereby made binding on you if it is accepted by the holders of two-thirds in amount and more than one-half in number of claims in each Class. If the required acceptances are not obtained, the Plan may nevertheless be confirmed if the Court finds that the plan accords fair and equitable treatment to the Class or Classes rejecting it and otherwise satisfies the requirements of Section 1129(b) of the Code.
so I was just wondering if URSA acceptance was even needed now?
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