is there a comfirmation hearing and vote just like a plan or reorganization? with a disclosure statement.
looking at BORDERS GROUP, INC JOINT PLAN OF LIQUIDATION PURSUANT TO CHAPTER 11 OF THE BANKRUPTCY CODE PROPOSED BY THE DEBTORS AND THE OFFICIAL COMMITTEE OF UNSECURED CREDITORS
looks like they voted. would this be the case with atp? dip lenders and claims ahead of them would be the only ones accepting. and 2nd liens, unsecured, equity would reject?
Summary of Classification and Treatment of Classified Claims and Equity Interests Class Claim Status Voting Rights 1 Priority Non-Tax Claims Unimpaired Deemed to Accept 2 Secured Claims Unimpaired Deemed to Accept 3 General Unsecured Claims Impaired Entitled to Vote 4 Equity Interests Impaired Deemed to Reject 5 Intercompany Claims Impaired Deemed to Reject
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