June 1, 2021
Part-time self-employment, coupled with debt from a defunct business, qualified the debtor for reorganization under Subchapter V of chapter 11.
May 19, 2021
When drafting a statute, Congress cannot ‘think of every single esoteric possibility,’ Judge Mignault says.
April 27, 2021
Utah’s Judge Thurman says that a corporation liquidating its remaining assets is engaged in business ‘activities’ and is therefore eligible for Subchapter V.
April 21, 2021
A fast-food worker can (conceivably) qualify as a small business debtor under Subchapter V, according to Bankruptcy Judge Thomas B. McNamara.
March 8, 2021
The owner of defunct businesses was held ineligible to be a small business debtor because he was no longer the owner of an operating business. Being a non-owner executive of an operating business didn’t qualify him.
March 3, 2021
An appeal from a critical vendor order was dismissed as equitably moot.
February 12, 2021
Judge Grabill would have given commercial creditors either their own committee or special counsel given the different interests of sexual abuse claimants.
July 24, 2020
More than 600 cases have already been filed under the SBRA since subchapter V of chapter 11 became effective in February.
July 13, 2020
The SBRA can be used to extinguish a creditors’ committee previously appointed in a ‘traditional’ chapter 11 case.
April 8, 2020
New York district court upholds a typical critical vendor order.