Bate Land Company LP v. Bate Land & Timber LLC

The Fourth Circuit reversed the district court's dismissal of BLC's appeal of the bankruptcy court's confirmed reorganization plan for debtor. The court held that BLC's appeal was not equitably moot. On the merits, the court held that the bankruptcy court did not err in calculating the indubitable equivalent of BLC's claim or in calculating the amount of post-petition interest due to BLC. Therefore, the court affirmed the bankruptcy court's judgment. View "Bate Land Company LP v. Bate Land & Timber LLC" on Justia Law