Table of Contents               Next                   Previous

Local Bankr. R. 3017-2 Approval of Disclosure Statement in Small Business Cases.

(a)     Procedure for Conditional Approval Under Federal Rule of Bankruptcy Procedure 3017.1.

A plan proponent in a small business case may seek conditional approval of a disclosure statement, subject to final approval after notice and hearing, by filing a motion with the Court contemporaneously with the filing of the proposed Plan of Reorganization. Such motion shall contain a Certificate of Service evidencing service upon the parties and shall be accompanied by a proposed order.

(b)     Waiver.

A plan proponent in a small business case may seek to waive the requirement of a disclosure statement because the proposed Plan of Reorganization itself provides adequate information. Such waiver may be sought by motion to be filed contemporaneously with the proposed plan of reorganization.