Suffolk, New York Order Finally Approving Disclosure Statement and Confirming Plan — B 15S is a legal document that holds significant importance in the bankruptcy process. This order is typically issued by the court to confirm and approve the disclosure statement and ultimately the plan of reorganization proposed by the debtor or bankrupt entity. It outlines the specific terms and conditions that must be met for the plan to be considered effective. The Suffolk, New York Order Finally Approving Disclosure Statement and Confirming Plan — B 15S serves as an official authorization granted by the court, allowing the debtor to commence the implementation of their reorganization plan. This order signifies the court's acceptance of the disclosure statement, which contains detailed information about the debtor's financial affairs, assets, liabilities, and proposed plan for settling debts and resuming operations. The key purpose of this order is to provide transparency and protect the rights of all parties involved in the bankruptcy case. By approving the disclosure statement and confirming the reorganization plan, the court ensures that the debtor's proposed actions are fair, feasible, and in compliance with applicable bankruptcy laws. In some cases, there may be different variations or types of Suffolk, New York Order Finally Approving Disclosure Statement and Confirming Plan — B 15S. These variations might occur due to the specific nature of the bankruptcy case, the type of debtor involved, or the discretion of the court. However, despite any potential variations, the basic intent and contents of this order remain consistent. In conclusion, the Suffolk, New York Order Finally Approving Disclosure Statement and Confirming Plan — B 15S is a judicial order that marks a crucial step in the bankruptcy proceedings. It signifies the court's endorsement of the debtor's disclosure statement and their proposed plan of reorganization. This order serves to protect the interests of all parties involved and ensures a fair and transparent resolution to the bankruptcy proceedings.