Showing posts with label confirmation order. Show all posts
Showing posts with label confirmation order. Show all posts

Wednesday, November 17, 2021

Fifth Circuit Binds Debtor to Plan Terms in Subsequent Case

 Recently I wrote about a Fifth Circuit case where a creditor tried to escape the terms of a confirmed plan in a subsequent case. Now the Court has written an opinion about a debtor that tried to do the same thing. Fortunately the result was the same in both cases: res judicata applied. BVS Construction, Inc. v. Prosperity Bank (Matter of BVS Construction, Inc.), Case No. 21-50274 (5th Cir. 11/15/21). You can find the decision here