Chapter 11 Liquidating Plan (After Going Concern Sale with Plan Administrator) | Practical Law
This is a standard form of Chapter 11 liquidating plan to be used in cases where substantially all of the debtor's assets have been sold in a section 363 sale, and the proceeds and any remaining assets and causes of action are distributed under the plan through a plan administrator. It provides alternatives for a post-confirmation waiver or prosecution of causes of action. This Standard Document has integrated notes with important explanations and drafting and negotiating tips.