Local Rule RULE 3020-1: CHAPTER 11 – CONFIRMATION OF A PLAN
Bankr. N.D.N.Y. — General rule
RULE 3020-1 CHAPTER 11 – CONFIRMATION OF A PLAN
(a) Objection to Confirmation. An objection to confirmation of a chapter 11 plan shall be served and filed not later than seven (7) days prior to the first date set for the confirmation hearing, unless otherwise ordered by the Court.
(b) Withdrawal of Objection. If an objection to confirmation of a chapter 11 plan is withdrawn or abandoned, the Court may deny confirmation of the plan unless the plan's proponent, or its counsel, states on the record or by affidavit the consideration promised or given, if any, directly or indirectly, for the withdrawal or abandonment of the objection.
(c) Motion to Confirm by "Cram-Down." If the plan proponent intends to seek confirmation of the plan as to one (1) or more classes pursuant to § 1129(b), the proponent shall file and serve upon the member or members of such class or classes, not less than seven (7) days prior to the confirmation hearing, notice of its intent to seek confirmation of the plan as to such class or classes pursuant to § 1129(b). Such notice shall be accompanied by an affidavit setting forth the facts and circumstances necessary to establish that the plan's treatment of such class or classes complies with the applicable provisions of § 1129(b).