Page 13 - Bankruptcy Volume 1
P. 13
Interests ......................................................................................................................................................... 98
Impairment and Voting ..................................................................................................................................... 98
Plan Acceptance ................................................................................................................................................ 98
Disclosure Statement ........................................................................................................................................ 99
Reorganization Value...................................................................................................................................... 100
EXHIBIT 1.................................................................................................................................................. 101
Liquidation Analysis ....................................................................................................................................... 102
EXHIBIT 2.................................................................................................................................................. 103
Plan Confirmation ........................................................................................................................................... 104
Cramdown ....................................................................................................................................................... 104
Chapter 13 — Alternative to Traditional Chapter 11 Reorganization ........................................................ 106
Prepackaged Cases .......................................................................................................................................... 106
Pre-negotiated Cases ....................................................................................................................................... 107
Exchange Offers .............................................................................................................................................. 108
Chapter 14 — Application of the Accountant’s Reporting Obligations to Bankruptcy Proceedings ..... 110
Litigation Consulting Services ........................................................................................................................ 110
Comparing Attest and Litigation Consulting Services ................................................................................... 111
Reporting Requirements ................................................................................................................................. 112
Preparation of Financial Projections and Valuations ...................................................................................... 112
SEC Reporting Requirements ......................................................................................................................... 114
Chapter 15 — Postconfirmation and Pre-Case Closing Reporting Requirements With and Without a
Liquidating Trust ............................................................................................................................................. 116
Claims Reconciliation ..................................................................................................................................... 116
Distributions to Claimants .......................................................................................................................... 117
Ongoing Reporting Requirements .............................................................................................................. 117
Plan Modification........................................................................................................................................ 118
Formal Procedural Steps to Closing a Bankruptcy Case ................................................................................ 118
© 2020 Association of International Certified Professional Accountants 11
