How often do firms obtain confirmation of a plan?

To get the simplest count, leave all the defaults in place and submit a query.  Results in the Frequency table will show that many cases remain pending and for some cases data is not available.  Inclusion of these cases causes an understatement of the confirmation rate.

To remove them, go back to the query page and in the first step, D. Dispositions, check all boxes except pending and data not available.  In the second step, check only the boxes for Frequency.  In the third step, leave the default D. Dispositions.  Submit your query by clicking on the button at the bottom of the page.  The output will show you the proportions of cases that reach each of the possible dispositions.

Want to know how these rate vary over time?  Do a study, just like the one above, for each of the time blocks you wish to compare.  Print them out, and compare the hard copy.

Books by
Lynn M. LoPucki

Courting Failure : How Competition for Big Cases Is Corrupting the Bankruptcy Courts
Buy from Amazon

Strategies For Creditors In Bankruptcy Proceedings
Buy from Amazon

Secured Credit : A Systems Approach
Buy from Amazon
Comments to lopucki@law.ucla.edu
Copyright © 2005 by Lynn M. LoPucki
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