Chapter 11 Plan of Reorganization Template - Free Editor
Chapter 11 Plan of Reorganization Template
United States Bankruptcy Court
District of [District]
In re: [Debtor Name], Debtor.
Case No.: [Number]
Article I – Summary of Plan
- Debtor proposes this Plan under Chapter 11 of the Bankruptcy Code to restructure debts and continue operations.
- Brief overview of treatment of major creditor classes and anticipated distributions.
Article II – Definitions and Interpretation
- Define key terms: Administrative Claim, Effective Date, Allowed Claim, Class, Confirmation Date, Plan Documents, Reorganized Debtor, etc.
- Rules of construction and interpretation.
Article III – Classification of Claims and Interests
- Class 1: Allowed Priority Non-Tax Claims (if separately classified).
- Class 2: Allowed Secured Claims (by creditor or categories).
- Class 3: Allowed Priority Tax Claims (per § 1129(a)(9)(C)).
- Class 4: Allowed General Unsecured Claims.
- Class 5: Equity Interests.
- Provide rationale for classification and specify impaired/unimpaired status.
Article IV – Treatment of Claims and Interests
- Administrative Expenses: paid in full on Effective Date.
- Priority Tax Claims: installment payments over [Number] years with interest.
- Secured Claims: describe treatment (cure, collateral surrender, cramdown terms, interest rate).
- Unsecured Claims: pro rata distribution, payment schedule, or debt-for-equity swap.
- Equity Interests: retained, cancelled, or new equity issuance.
Article V – Means for Implementation of the Plan
- Funding sources (cash flow, new financing, asset sale proceeds).
- Post-confirmation management, governance, and ownership.
- Exit financing or capital contributions.
- Corporate actions (mergers, charter amendments).
Article VI – Executory Contracts and Unexpired Leases
- Schedule of contracts to be assumed, assigned, or rejected.
- Cure amounts and deadlines for objections.
Article VII – Distributions
- Manner and timing of distributions.
- Record date for holders of claims.
- Procedures for undeliverable distributions and unclaimed property.
Article VIII – Procedures for Resolving Disputed Claims
- Objection deadlines.
- Estimation and allowance procedures.
- Reserve for disputed claims.
Article IX – Retention and Enforcement of Causes of Action
- Identify claims and avoidance actions retained by the estate or litigation trust.
- Process for prosecution and recovery.
Article X – Injunction, Releases, and Exculpation
- Injunction prohibiting collection on discharged debts.
- Releases (if any) and conditions for consensual releases.
- Exculpation of estate fiduciaries and professionals.
Article XI – Conditions Precedent to Confirmation and Effective Date
- Required approvals, financing commitments, regulatory consents.
- Conditions to occurrence of Effective Date.
Article XII – Modification of Plan
- Procedures for pre- and post-confirmation modifications consistent with Bankruptcy Code.
Article XIII – Retention of Jurisdiction
- Matters over which the Court retains jurisdiction (claim allowance, disputes, plan interpretation, avoidance actions).
Article XIV – Miscellaneous Provisions
- Governing law, notices, waiver, severability.
- Administrative claims bar date.
Article XV – Conclusion
- Statement of feasibility and intent to comply with plan obligations.
Signatures
Debtor: [Debtor Name]
By: ____
Name: [Authorized Representative]
Title: [Title]
Date: __
Debtor’s Counsel:
[Law Firm Name]
By: ____
[Attorney Name], [Bar No.]
Date: __
Attach exhibits: liquidation analysis, financial projections, plan supplement with schedules of assumed contracts and governance documents.
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