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B-3017- 2. CONSIDERATION OF DISCLOSURE STATEMENTS IN SMALL BUSINESS CASES AND CONFIRMATION DEADLINES

(a)   Expedited Processing of Disclosure Statement

If the proponent of a plan in a small business case requests that the Court:

(1)     determine that the plan itself provides adequate information and that a separate disclosure statement is not necessary;

(2)     approve a disclosure statement submitted on an approved official form; or

(3)     conditionally approve a disclosure statement subject to final approval at a hearing where the Court will also consider confirmation of the proposed plan,

the proponent shall file a notice along with the proposed plan or disclosure statement. The notice shall specify why the relief requested is appropriate. A sample notice is available on the Court’s website.

(b)   Deadlines

At the hearing on a request under subparagraph (a) the Court may also, either on its own initiative or at the request of a party in interest, consider whether a deadline for confirming a proposed plan should be extended.