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trackkwizzard

03/15/16 11:22 PM

#52525 RE: Garyst #52524

OKAY Found this :)



Post-Confirmation Issues
Notwithstanding the entry of the confirmation order, the court has the authority to issue any other order necessary to administer the estate. This authority includes the continuation of post-confirmation determination of objections to claims or adversary proceedings, which must be resolved before a plan can be fully consummated. The debtor is required to report on the progress made in implementing a plan after confirmation.

A Chapter 11 debtor in possession has a number of responsibilities to perform after confirmation, including consummating the plan, reporting on the status of consummation, and applying for a final decree. Eventually, the debtor will apply to the court for a final decree closing the case.

"Also this At the hearing on confirmation, the Court will receive evidence to determine if the
requirements for confirmation have been met. If the requirements are met, the court will confirm
the plan, which is then binding on the debtor, creditors and shareholders. A plan may include a
delayed effective date to assist in the orderly implementation of the plan after confirmation. "

Guess the Q comes off after the final decree or effective date.?????

Thank you again.