A New York Chapter 11 Motion for Final Decree (Substantially Consummated) is a legal motion filed with the US Bankruptcy Court for the Southern District of New York in order to obtain a Final Decree from the court, which will effectively close the bankruptcy case. The motion must be filed after the Debtor has substantially consummated its plan of reorganization, meaning that all material terms of the plan have been complied with and all necessary steps have been completed in order to effectuate the plan. The motion is generally accompanied by a proposed Final Decree, which is a document outlining the terms of the case's closure. This motion can be filed either by the Debtor or by the Court-appointed Trustee in a Chapter 11 case. Different types of New York Chapter 11 Motion for Final Decree (Substantially Consummated) may include a Motion for Final Decree of Reorganization, a Motion for Final Decree of Liquidation, and a Motion for Final Decree of Dismissal.
A New York Chapter 11 Motion for Final Decree (Substantially Consummated) is a legal motion filed with the US Bankruptcy Court for the Southern District of New York in order to obtain a Final Decree from the court, which will effectively close the bankruptcy case. The motion must be filed after the Debtor has substantially consummated its plan of reorganization, meaning that all material terms of the plan have been complied with and all necessary steps have been completed in order to effectuate the plan. The motion is generally accompanied by a proposed Final Decree, which is a document outlining the terms of the case's closure. This motion can be filed either by the Debtor or by the Court-appointed Trustee in a Chapter 11 case. Different types of New York Chapter 11 Motion for Final Decree (Substantially Consummated) may include a Motion for Final Decree of Reorganization, a Motion for Final Decree of Liquidation, and a Motion for Final Decree of Dismissal.
