In re Mastercraft Record Plating, Inc.
United States Bankruptcy Court for the Southern District of New York
32 B.R. 106 (1983)
- Written by Steven Pacht, JD
Facts
Mastercraft Record Plating, Inc. (Mastercraft) (debtor) was in Chapter 11 bankruptcy. Mastercraft filed a reorganization plan that contained three classifications of general unsecured claims: (1) claims under $20,000, (2) claims over $20,000, and (3) disputed claims. The plan proposed identical treatment for claims under and over $20,000 and did not propose any specific treatment of disputed claims. Keel Manufacturing, Inc. (Keel) (creditor) objected to the plan because the plan assertedly was based on an inadequate disclosure statement and was not properly approved.
Rule of Law
Issue
Holding and Reasoning (Abram, J.)
What to do next…
Here's why 782,000 law students have relied on our case briefs:
- Written by law professors and practitioners, not other law students. 46,200 briefs, keyed to 988 casebooks. Top-notch customer support.
- The right amount of information, includes the facts, issues, rule of law, holding and reasoning, and any concurrences and dissents.
- Access in your classes, works on your mobile and tablet. Massive library of related video lessons and high quality multiple-choice questions.
- Easy to use, uniform format for every case brief. Written in plain English, not in legalese. Our briefs summarize and simplify; they don’t just repeat the court’s language.