Local Rule 3022-1: FINAL REPORT AND DECREE IN CHAPTER 11
Bankr. D. Vt. — General rule
RULE 3022-1. FINAL REPORT AND DECREE IN CHAPTER 11.
(a) Report of Substantial Consummation. The plan proponent, or the disbursing agent defined in the plan, must file a report of substantial consummation showing the plan proponent has satisfied the criteria of § 1101(2).
(1) The plan proponent must file a motion for final decree with the report of substantial consummation and serve that motion on all creditors and parties in interest.
(2) Unless the Court orders otherwise, the motion for final decree shall include a request that the Court terminate jurisdiction over the case and direct the Clerk's Office to close the case.
(b) Time for Filing Report of Substantial Consummation. The Court may require the plan proponent to file the report of substantial consummation as soon as all payments/distributions issued for the first distribution under the plan have cleared, in non-individual chapter 11 cases. In all cases, the plan proponent must file the report of substantial consummation within 180 days after entry of a final order confirming a plan unless, within the original 180-day period and for good cause shown, the Court enlarges the time.
(c) Reporting Post-Confirmation Disbursements.
(1) The plan proponent or the disbursing agent defined in the plan must file with the Clerk, and serve on the United States Trustee, post-confirmation operating reports as required by United States Trustee Guidelines, showing all disbursements for each month after confirmation of the plan.
(2) The operating reports are due on the 20th day of the month after the month reported. The duty to file the monthly operating reports will cease upon the filing of an affidavit of substantial consummation, unless the Court orders otherwise.
(d) Final Report. The final report must be in the form of an affidavit and must include, but is not limited to, the following information:
Allowed Paid Administrative Expenses:
trustee's compensation (if any) $________ $________ trustee's attorney's compensation (if any) $________ $________ debtor's attorney's compensation $________ $________ other professionals' compensation $________ $________ all other administrative expenses [specify] $________ $________ Total Administrative Expenses $________ $________ Percentage and amount of claims paid (per defined class) percentage of claims paid to class [X] _________% _________% amount paid to class [X] $________ $________ Total Plan Payments $________ $________