In re Charles Street African Methodist Episcopal Church of Boston: Creditor Punished for Interfering with Debtor's Exclusivity Rights | Practical Law

In re Charles Street African Methodist Episcopal Church of Boston: Creditor Punished for Interfering with Debtor's Exclusivity Rights | Practical Law

The US Bankruptcy Court for the District of Massachusetts, in In re Charles Street African Methodist Episcopal Church of Boston, ruled that a secured creditor's electronic filing of a draft plan of reorganization attached to a motion to terminate the debtor's exclusivity period violated the debtor's exclusive right under section 1121(b) of the Bankruptcy Code to file a plan within the first 120 days of a case.   

In re Charles Street African Methodist Episcopal Church of Boston: Creditor Punished for Interfering with Debtor's Exclusivity Rights

by Practical Law Finance
Published on 24 Oct 2013 • USA (National/Federal)
The US Bankruptcy Court for the District of Massachusetts, in In re Charles Street African Methodist Episcopal Church of Boston, ruled that a secured creditor's electronic filing of a draft plan of reorganization attached to a motion to terminate the debtor's exclusivity period violated the debtor's exclusive right under section 1121(b) of the Bankruptcy Code to file a plan within the first 120 days of a case.