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Nov 27, 2023 · The proposed reorganization plan would be funded partially by $550,000 from Luftig and an agreement from him to pay $100,000 more.
Dec 2, 2023 · The Plan. The debtor filed a chapter 11 plan to discharge the debtor’s debt owing to the investor and give the owner a release from liability on the $2.9 million arbitration award. In return, the plan called for the owner to supply $600,000 toward payments under the plan.
Feb 20, 2023 · With $150,000 in assets and over $2.8 million in debts, the production company declared bankruptcy and is aiming for a reorganization. By: Cara Joy David Feb. 20, 2023. Click Here for More on...
Nov 27, 2023 · The Bankruptcy Court of the Southern District of New York recommended confirming the reorganization plan for Hal Luftig Company, Inc. (the "Company" for short).
In In re Hal Luftig Co., the Bankruptcy Court recommended confirmation of a subchapter V small business reorganization plan that provided for the nonconsensual release of a non-debtor third party5. The Bankruptcy Court applied the Purdue III factors when considering the release6.
Pending before the Court is the request of Debtor Hal Luftig Company, Inc. (the “ Debtor ”) to confirm the Debtor’s Small Business Plan of Reorganization Under Chapter 11 of the Bankruptcy Code (Docket No. 55)
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In Re: 22-11617-jpm Hal Luftig Company, Inc. Memorandum Opinion And Order signed on 11/22/2023 On Confirmation Of Small Business Plan Of Reorganization Under Chapter 11. (related document(s) 55 , 90 , 63 , 85 , 84 )
