In Re Ligon’s Empirical Analysis
1985
Citation profile
1 federal appellate ·
Relationships
Applies 11 U.S.C. § 1104 · 11 U.S.C. § 1112 · 11 U.S.C. § 1125 · 28 U.S.C. § 157
Relies on Nemeroff v. Abelson · 365 F. Supp. 975 - Kinee v. Abraham Lincoln Federal Savings & Loan Ass'n · In Re Stanley Hotel, Inc. · In Re Metrocraft Publishing Services, Inc. · Pasadena Thrift & Loan Ass'n v. Bayport Equities Corp. (In Re Bayport Equities Corp.)
Most-quoted passages
The sentences later courts lift from this opinion, ranked by how many decisions quote each — the parts of the opinion doing the work. These counts are smaller than the citation total above because most of the 10 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.
“The purpose of the disclosure statement is to provide sufficient information to enable a reasonable and typical investor to make an informed judgment about the plan. S.REP. NO. 989, 95th Cong., 2d Sess. 121, reprinted in 1978 U.S.CODE CONG. & AD .NEWS 5787, 5907. While the debtor cannot be expected to unerringly predict the future, the “information to be provided should be comprised of all those factors presently known to the plan proponent that bear upon the success or failure of the proposals contained in the plan.” In re Stanley Hotel, Inc., 13 B.R. 926 , 8 BANKR.CT.DEC. (CRR) 35, 5 COLLIER BANKR.CAS.2d (MB) 64 (Bankr.D.Colo.1981). Conelusory allegations or opinions without supporting facts are generally not acceptable. In re Egan, 33 B.R. 672 , 11 BANKR.CT.DEC. (CRR) 476 (Bankr.N.D.Ill.1983); In re East Redley Corp., 16 B.R. 429 , 8 BANKR.CT.DEC. (CRR) 806 (Bankr.E.D.Pa.1982). Knowledge of the debtor’s financial condition is essential before any informed decision concerning the merits of a plan can be made. A description of available assets and their value is a vital element of necessary disclosure. In re Metrocraft Publishing Services, Inc., 39 B.R. 567 , 10 COLLIER BANKR.CAS.2d (MB) 1182 (Bankr.N.D.Ga.1984); See In re A.C. Williams Co., 25 B.R. 173 , 9 BANKR.CT.DEC. (CRR) 1239 (Bankr.N.D.Ohio 1982). In re Ligon, supra at p. 130 .”
1 later decision quote this exact passage
How this case has been treated — in progress
Whether each later court followed, distinguished, criticized, or overruled this decision. The treatment classification (task #35) runs highest-cited cases first and lights up here as it reaches this one.