MODIFICATIONS TO DISCLOSURE STATEMENT AND CHAPTER 11

PLAN.

At the hearing on the approval of the disclosure statement, the court may consider modifications to the disclosure statement, which may be incorporated in the order approving the disclosure statement. A comparison of the modified disclosure statement language to the original disclosure statement language also must be filed in advance of the hearing. At the hearing on confirmation of a chapter 11 plan, the court may consider modifications to the plan, which may be incorporated in the order confirming the plan. Any notice of a confirmation hearing under Fed. R. Bankr. P. 2002(b) must include notice that modifications may be considered at the hearing.

A comparison of the modified plan language to the original plan language also must be filed. 25 | P a g e U.S. Bankruptcy Court District of Nevada LR 3019.1. MODIFICATIONS OF ACCEPTED PLAN AFTER CONFIRMATION IN A CHAPTER 11 CASE INVOLVING AN INDIVIDUAL DEBTOR. (a) Required Information.

A proponent requesting the post-confirmation modification of a chapter 11 plan involving an individual debtor must file the modified plan, together with a motion seeking confirmation of the modified plan, which specifies the changes sought by the modification including, but not limited to, the following: (1) The purpose of, or the necessity for, the modification together with sufficient information regarding such circumstances that would enable a hypothetical investor to make an informed judgment regarding the modification; (2) The proposed changes to the plan payments, the term of the plan, the proposed distribution to any class, or any other substantive provision; and (3) A comparison of the modified plan language to the original plan language. (b) Procedure. Plan modifications must be made by motion filed pursuant to LR 9014.