Chapter 11 Liquidating Plan (After Going Concern Sale with Post-Confirmation Trust) | Practical Law
This is a standard form of Chapter 11 liquidating plan to be used in cases where substantially all of the debtor's estate has 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 post-confirmation liquidation trust. 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.