11 USC 1144: Revocation of an order of confirmation
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11 USC 1144: Revocation of an order of confirmation Text contains those laws in effect on November 21, 2024
From Title 11-BANKRUPTCYCHAPTER 11-REORGANIZATIONSUBCHAPTER III-POSTCONFIRMATION MATTERS

§1144. Revocation of an order of confirmation

On request of a party in interest at any time before 180 days after the date of the entry of the order of confirmation, and after notice and a hearing, the court may revoke such order if and only if such order was procured by fraud. An order under this section revoking an order of confirmation shall-

(1) contain such provisions as are necessary to protect any entity acquiring rights in good faith reliance on the order of confirmation; and

(2) revoke the discharge of the debtor.

( Pub. L. 95–598, Nov. 6, 1978, 92 Stat. 2639 ; Pub. L. 98–353, title III, §515, July 10, 1984, 98 Stat. 387 .)

Historical and Revision Notes

senate report no. 95–989

If an order of confirmation was procured by fraud, then the court may revoke the order on request of a party in interest if the request is made before 180 days after the date of the entry of the order of confirmation. The order revoking the order of confirmation must revoke the discharge of the debtor, and contain such provisions as are necessary to protect any entity acquiring rights in good faith reliance on the order of confirmation.


Editorial Notes

Amendments

1984-Pub. L. 98–353 inserted "if and only" after "revoke such order".


Statutory Notes and Related Subsidiaries

Effective Date of 1984 Amendment

Amendment by Pub. L. 98–353 effective with respect to cases filed 90 days after July 10, 1984, see section 552(a) of Pub. L. 98–353, set out as a note under section 101 of this title.