In re SOUTH EDGE LLC, Debtor.MERITAGE HOMES OF NEVADA, INC. and MERITAGE HOMES CORPORATION, Appellants, v. JPMORGAN CHASE BANK, N.A., et al., Appellees., 478 B.R. 403

Summary

Appellants two related home builder corporations, appealed from an order of the United States Bankruptcy Court for the District of Nevada, that confirmed debtor's joint plan of reorganization, particularly the approval of exculpation and post-confirmation injunction provisions, and a finding that appellants repayment guaranty was not satisfied or released through the confirmation. The only issue was whether the court could reverse the bankruptcy court's confirmation of the plan. Such reversal was not barred by equitable mootness, and settling parties' motion to dismiss the appeal was denied.