Disclosure Statement - General.

(a) Contents. Unless the Court orders otherwise, any disclosure statement or amended disclosure statement must include the following information in addition to all other information required by applicable law: (1) an introductory narrative summarizing the plan, which must include: (A) an identification of each class of claims or interests; (B) (C) (D) the composition of each class as to number and type of creditor or interest; the amount of claims and interests (specifying any that are known to be disputed and how they will be treated under the plan); the amount (dollar and/or percentages) to be paid to each class and the timing of payments to be made under the plan; and (E) all sources and amounts of funding in reasonable detail; (2) (3) a summary exhibit setting forth a liquidation analysis as if assets of the debtor were to be liquidated under chapter 7; and a narrative summarizing the scheduled assets and liabilities as of the date of the order for relief: (A) reciting the disposition of assets during the chapter 11 case; (B) (C) describing disbursements under the plan; and the process for handling initial and subsequent identifying persons responsible for making disbursements under the plan. (b) Disclosure Statement Accompanying Reorganization Plan. Unless a liquidating plan is proposed, each disclosure statement must also include a projected cash flow and budget, including plan payments over the shorter of the life of the plan or three fiscal years following confirmation, showing all anticipated income and expenses.

17 Rule 3017-1 Disclosure Statement - Approval. (a) (b) (c) Notice and Hearing. Upon receipt of a disclosure statement, the Court will issue an order and notice for hearing on the disclosure statement. The plan proponent filing the disclosure statement must mail the order and notice to all parties listed in F.R.B.P. 3017(a).

Amended Disclosure Statements. With every amended disclosure statement, the plan proponent must file a Certification Regarding Amended Disclosure Statement (L.B.F. 3017-1). The plan proponent must serve copies of the amended disclosure statement on parties in interest whose claims or interests may be affected by the changes and notify them of a new objection date as directed by the Court. Transmission of Approved Disclosure Statement and Order.

After entry of an order approving the disclosure statement, the plan proponent must mail the order, the plan or a Court-approved summary of the plan, the disclosure statement, and a ballot for accepting or rejecting the plan conforming to Class [ ] Ballot for Accepting or Rejecting Plan of Reorganization (Official Form 314) to all creditors and interest holders. The ballot must state that ballots are to be returned to the plan proponent and not to the clerk.