Topic: it is not necessary that success be guaranteed, but only th… · Go Syfert
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Topic #14223

6 canonical passages across 3 cases, quoted by 28 opinions in total. These passages cluster together because the same opinions keep quoting them side by side: they state parts of one doctrine. The anchor passage is from In Re Drexel Burnham Lambert Group, Inc..

#Case FlagCanonical passage Citers
1 In Re Drexel Burnham Lambert Group, Inc. Anchor
nysb · 1992
green “it is not necessary that success be guaranteed, but only that the plan present a workable scheme of organization and operation from which there may be a reasonable expectation of success.” 8
2 In Re Drexel Burnham Lambert Group, Inc.
nysb · 1992
green “a plan proponent is afforded significant flexibility in classifying claims under 1122(a) if there is a reasonable basis for the classification scheme and if all claims within a particular class are substantially similar.” 7
3 In Re Cellular Information Systems, Inc.
nysb · 1994
green “the plan proponent need only demonstrate that there exists the reasonable probability that the provisions of the plan can be performed” 4
4 In Re Texaco Inc.
nysb · 1988
green “in determining whether a plan complies with section 1129(a)(1), reference must be made to code 1122 and 1123 with respect to the classification of claims and the contents of a plan of reorganization” 3

A red or yellow flag on a member means the underlying case has negative treatment: for those, check the case page before relying on the passage.

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