Mesa Air Group Case Reminds Lenders to Comply with Claims Transfer Notice Requirements in Bankruptcy Cases | Practical Law

Mesa Air Group Case Reminds Lenders to Comply with Claims Transfer Notice Requirements in Bankruptcy Cases | Practical Law

An update on a ruling by the US Bankruptcy Court for the Southern District of New York in In re Mesa Air Group, Inc. that denied standing to a creditor to object to the confirmation of the debtors' amended plan of reorganization because the creditor failed to comply with the transfer notice requirements of the Bankruptcy Rules and a trading order in the debtors' Chapter 11 case.

Mesa Air Group Case Reminds Lenders to Comply with Claims Transfer Notice Requirements in Bankruptcy Cases

by PLC Finance and Practical Law Bankruptcy & Restructuring
Published on 08 Feb 2011USA (National/Federal)
An update on a ruling by the US Bankruptcy Court for the Southern District of New York in In re Mesa Air Group, Inc. that denied standing to a creditor to object to the confirmation of the debtors' amended plan of reorganization because the creditor failed to comply with the transfer notice requirements of the Bankruptcy Rules and a trading order in the debtors' Chapter 11 case.