11 U.S.C. § 1144 — Revocation of an order of confirmation
submitted 48 years ago by Pub. L. 95-598 to r/title-11-BANKRUPTCY · 87 words · no verdicts yet
Before 180 days have passed after confirmation, an interested party may ask the court to revoke the confirmation order if fraud obtained it. Revocation must protect good-faith purchasers and revoke the debtor’s discharge.
At the request of an interested party, made no later than 180 days after entry of the confirmation order, and after notice and a hearing, the court may revoke the order only if fraud obtained it. A revocation order must (1) include provisions needed to protect anyone who acquired rights in good-faith reliance on the confirmation order; and (2) revoke the debtor’s discharge.
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—
contain such provisions as are necessary to protect any entity* acquiring rights in good faith reliance on the order of confirmation; and
revoke the discharge of the debtor*.
Source credit: (Pub. L. 95–598, Nov. 6, 1978, 92 Stat. 2639; Pub. L. 98–353, title III, § 515, July 10, 1984, 98 Stat. 387.)
- 1978Enacted · Pub. L. 95-598 · 92 Stat. 2639
- 1984Amended · Pub. L. 98-353 · 98 Stat. 387
A history note hasn’t been published yet. The record shows enactment by Pub. L. 95-598 on 1978-11-06.
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