Assertion: voter's ballot | /r/CapableOf | reject the plan
Facets:
Source sentences:
text: Because Vita did not receive any ballots rejecting the plan, it sought confirmation of the plan under section 1129(a).
text: Acknowledging the existence of a split of authority on the question and the lack of any binding precedent in the Seventh Circuit, the court denied confirmation of the plan, ruling that “[s]ections 1129(a)(8) and 1126(c) require the affirmative assent of a creditor as the necessary means by which that creditor accepts a plan” and that “[a] creditor’s failure to return a ballot rejecting the plan, does not constitute the creditor’s deemed acceptance of the plan.