InvestorsHub Logo
Followers 240
Posts 12051
Boards Moderated 0
Alias Born 04/05/2009

Re: Enterprising Investor post# 42

Wednesday, 11/18/2020 5:32:22 AM

Wednesday, November 18, 2020 5:32:22 AM

Post# of 151
Plan is confirmable.

Under section 1126(c) of the Bankruptcy Code, an entire class of claims is deemed to accept a plan if the plan is accepted by creditors that hold at least two-thirds in amount and more than one-half in number of the allowed claims in the class.

"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, CEO of Harwood International