Opinion ID: 69782
Heading Depth: 2
Heading Rank: 2

Heading: Subcommittee members' disclosures

Text: Appellants next assert that the Plan does not comply with 11 U.S.C. § 1129(a)(5)(A)(i) because it fails to disclose the affiliation of the Equity Subcommittee members who will be responsible for pursuing the securities litigation to conclusion. Section 1129(a)(5)(A)(i) requires a Plan to disclose: the identity and affiliations of any individual proposed to serve, after confirmation of the plan, as a director, officer, or voting trustee of the debtor, an affiliate of the debtor participating in a joint plan with the debtor, or a successor to the debtor under the plan The Subcommittee members hold none of these positions. Accordingly, the Plan does not violate § 1129(a)(5)(A)(i).