Local Rule 3017-1: Hearing on Chapter 11 Disclosure Statement

Rule 3017-1 Hearing on Chapter 11 Disclosure Statement

(a) Request for Hearing. Unless otherwise ordered by the court or as provided in AK LBR 3017-2, the proponent of the proposed plan must: (1) within seven (7) days after filing the proposed plan and disclosure statement file a calendar request with the court requesting a hearing date on the disclosure statement; and (2) when a hearing date has been set by the court, forthwith prepare and submit to the court for signature an Order and Notice for Hearing on Disclosure Statement (Official Form 312).

(b) Notice of Hearing. The proponent of the proposed plan must: (1) serve a copy of the Order and Notice for Hearing on Disclosure Statement (Official Form 312) on the Matrix in the time ordered by the court, but in any event, not less than twenty-eight (28) days prior to the last day to object to approval of the disclosure statement; and (2) file an affidavit of service of the Order and Notice for Hearing on Disclosure Statement.

(c) Objections to Disclosure Statement.

(1) Objections to the disclosure statement must be filed and served on the proponent of the disclosure statement and transmitted to the United States trustee not less than seven (7) days prior to the hearing on approval of the statement.

(2) Grounds for objection must be: [A] addressed to the adequacy of the disclosure statement only; and [B] stated with specificity.