Locking Down the Lockup

Chapter 11 debtors may seek commitments from creditors to vote in favor of their Chapter 11 plans prior to or during the case. Check out this expertly drafted article discussing a recent decision where the court severed a provision in certain postpetition agreements with aircraft lessors requiring the aircraft lessors—and creditors—to vote their claims in favor of a Chapter 11 plan.

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• Plan Support Agreements
  Understand plan support agreements with this practice note.

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  Review this discussion of the various issues that arise in airline bankruptcies.

• Restructuring Support Agreement (NY)
  Use this restructuring support agreement template when representing a company seeking to contractually the parties to the material terms of a restructuring proposal.

• Restructuring, Lockup, Plan Support and Forbearance Agreement
  Use this template to enter into a restructuring, lockup, plan support, and forbearance agreement.

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