<><> below was from an older post... What about this copy and paste from the same below link? When is the (("substantial consummation" of a plan))? Thanks
At any time after confirmation and before "substantial consummation" of a plan, the proponent of a plan may modify the plan if the modified plan would meet certain Bankruptcy Code requirements. 11 U.S.C. § 1127(b). This should be distinguished from preconfirmation modification of the plan. A modified postconfirmation plan does not automatically become the plan. A modified postconfirmation plan in a chapter 11 case becomes the plan only "if circumstances warrant such modification" and the court, after notice and hearing, confirms the plan as modified. If the debtor is an individual, the plan may be modified postconfirmation upon the request of the debtor, the trustee, the U.S. trustee, or the holder of an allowed unsecured claim to make adjustments to payments due under the plan. 11 U.S.C. § 1127(e).
(2) “substantial consummation” means— (A) transfer of all or substantially all of the property proposed by the plan to be transferred; (B) assumption by the debtor or by the successor to the debtor under the plan of the business or of the management of all or substantially all of the property dealt with by the plan; and (C) commencement of distribution under the plan. www.law.cornell.edu/uscode/text/11/1101
AGENDA FOR APRIL 2, 2014 PRE TRIALS GOING FORWARD 1. Pre Trial Hearings in all adversary proceedings commenced by Alan D. Halperin, Trustee for the Kodak GUC Trust and Steven D. Sass, Conflicts Trustee for the Kodak GUC Trust. CONTESTED MATTER GOING FORWARD 1. Motion of the Trustee of the Kodak GUC Trust for Order Establishing Procedures Governing voidance Actions [Docket No. 6248, 2/3/14]
Calendar of Honorable Allan L. Gropper Tuesday, April 15, 2014
09:30 AM 12-10202-alg Eastman Kodak Company Ch. 11
Adversary proceeding: 14-01104-alg The Kodak GUC Trust, by and through Alan D. Halper v. Hunkeler Holding AG Motion to Dismiss Case
Adversary proceeding: 14-01104-alg The Kodak GUC Trust, by and through Alan D. Halper v. Hunkeler Holding AG Declaration
Disclosure Statement OF DEFENDANT HUNKELER HOLDING AG (related document(s)4)
11:00 AM 12-10202-alg Eastman Kodak Company Ch. 11
Order signed on 3/27/2014 sustaining, in part, Debtors fifty ninth omnibus objection to claims (related document(s)6279). Claim no 2477 is adjourned to 4/15/2014 at 11:00 AM at Courtroom 617 (ALG). (DePierola, Jacqueline)
Order signed on 3/27/2014 sustaining, in part, Debtors fifty seventh omnibus objection to claims (related document(s)6277). Claim 6793 is adjourned to 4/15/2014 at 11:00 AM at Courtroom 617 (ALG). (DePierola, Jacqueline)
Kodak trust sues seeking funds for creditors (January 31, 2014) copy paste in part from below link...
SPECIAL REPORT: From the Rochester Democrat and Chronicle
Whatever money the Kodak General Unsecured Creditors (or GUC) Trust collects is to be divvied up among the legions of unsecured creditors who were left holding unpaid bills and invoices when Kodak filed for bankruptcy in January 2012. Many of the companies now being sued are also unsecured creditors who had bills that went unpaid.
In a statement, Kodak said the GUC Trust "is an independent third party acting on behalf of the unsecured creditors, and Kodak has no control over its actions."