First Look at Small Business Reorganization Act Cases
Subchapter V
Out-of-the-Ordinary Out-of-Court Restructuring Issues
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Splits and Confounding Issues Destined for the Supreme Court
In ‘Chapter 20,’ Discharged Mortgage Claim Resurrects as Unsecured, EDNY Judge Says
Judge Grossman didn’t abolish ‘chapter 20’ entirely. He required the debtor to treat the subordinate mortgage lender like all other unsecured creditors, even though the debtor’s personal liability to the lender had been discharged in the prior chapter 7 case.
Great Debates: The Circuit Split Edition
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