On appeal from the district court, what are the implications of the bankruptcy court's decision?

MultiRegion, United States of America

The following excerpt is from Cosmetic Plus Grp. Ltd. v. Gowan (In re Dreier LLP), 16-2827 (2nd Cir. 2017):

On appeal from the district court, we make an independent and plenary review of the bankruptcy court's decision. Celli v. First Nat'l Bank, 460 F.3d 289, 292 (2d Cir. 2006). We review conclusions of law de novo and findings of fact for clear error. Id.

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