Clifton Cap. Grp., LLC v. Sharp (In re E. Coast Foods, Inc.), No. 21-55967, 2023 U.S. App. LEXIS 11215 (9th Cir. May 8, 2023)
This decision holds that an unsecured creditor that was the chair of the committee of unsecured creditors in East Coast's Chapter 11 proceeding lacked Article III standing to appeal from the bankruptcy court's order awarding the Chapter 11 trustee the maximum allowable fees. The confirmed Chapter 11 plan provided for the debtor's reorganization and full payment of all allowed claims,… Read More