RULE 3022-1 FINAL REPORT/DECREE Modified 12/1/01
(a) Six Month Deadline. Pursuant to 11 U.S.C. § 1106 and Fed. R. Bank. P. 3022, within six months of the entry of the order of confirmation, or, if sooner, upon the substantial consummation of the plan of reorganization and full administration of the estate, the proponent of the plan shall file with the Clerk of court, and serve upon all interested parties, a final report and request for final decree in substantially the same form as R.I. Bankr. Form N.
(b) Requirements of Final Report. The final report must:
(1) identify all payments to creditors, interest holders, expenses of administration and issuance of stock under the plan;
(2) state that the plan has been fully or substantially consummated and that the estate is fully administered; and
(3) request entry of a final decree.
(c) Status Report in Lieu of Final Report. If after the expiration of six months the plan proponent does not believe the plan has been substantially consummated, a status report must be filed with the Court and served on interested parties to inform them of:
(1) the progress and current status of the plan;
(2) why the filing of the final report and request for final decree cannot be made at this time; and
(3) the date that the final report and request for final decree will be or is anticipated to be filed.
©1998 US Bankruptcy
Court
District of Rhode Island