Notice of Disclosure Statement Hearing


Summary

This template is a notice of disclosure statement hearing that can be used in a Chapter 11 bankruptcy proceeding. This template includes practical guidance and drafting notes. The Bankruptcy Code requires that a disclosure statement be filed, approved, and disseminated to stakeholders prior to the stakeholders voting to accept or reject the plan. The disclosure statement is necessary to provide parties with context for the Chapter 11 plan, to help stakeholders understand their projected recoveries under the plan, and to assist the stakeholders in evaluating whether the plan is appropriate under the circumstances. Section 1125(a) of the Bankruptcy Code requires that the disclosure statement contain adequate information for a hypothetical investor typical of holders of claims or interests of each class to make an informed decision about whether to vote to accept or reject the plan. For more information, see Disclosure Statements and Disclosure Statement Checklist. For additional ...