In re DBSD, et al.

"Gifting," & The Absolute Priority Rule Standing, and Designation--Is Cert. on the Horizon?

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You can't "gift" via a plan, says the Second Circuit, but can you do it outside the plan? Some jurisdictions say yes, some no, and some just don't seem to be sure.

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Published In: Bankruptcy Updates, General Business Updates

Reference Info:Decision | Federal, 2nd Circuit, New York | United States