Residence Profession Intelligence For Lawyers, Law Students
Bankruptcy Code and thereby expanded the definition of property of the property in a person Chapter 11 case in order that the estate now contains, along with property specified in Section 541,” post-petition acquired property and earnings. At the same time, Congress modified section 1129 of the Code to except from the Absolute Priority Rule the “property included in the estate beneath section 1115.” There is a growing cut up of authority among chapter courts as to what the amendments imply. Harris is a partner in Binder & Malter LLP in the Silicon Valley; Mr. Gill is of counsel at …
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