This is an appeal of the denial of confirmation of an individual Chapter 11 debtor's reorganization plan. Chapter 11's absolute priority rule, 11 U.S.C. §1129(b)(2)(B) as amended by the Bankruptcy Abuse Prevention & Consumer Protection Act of 2005, applies in individual debtor cases. The bankruptcy court's judgment is affirmed. 5th U.S. Circuit Court of Appeals, No. 12-20277, 05-29-2013.
In Re: Lively
June 4, 2013