In re Windmill Durango Office, LLC: Changing Vote on Acquired Claim to Block Plan Confirmation is Not Good "Cause" for Withdrawing Vote | Practical Law
On July 6, 2012, the US Bankruptcy Appellate Panel for the Ninth Circuit Court of Appeals in In re Windmill Durango Office, LLC affirmed the decision of the bankruptcy court denying a creditor's motion to change the vote cast on behalf of its acquired claim which the creditor purchased for the sole purpose of blocking confirmation of the debtor's plan of reorganization.