Rochelle's Daily Wire

ABI Exclusive

A Chapter 11 Filing Can Extend an Inflexible Closing Date by 60 Days

Filing a chapter 11 petition to obtain an automatic 60-day extension of a closing date is not a bad faith filing, Judge Bernstein says.

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Opinion Link

Case Details

Case Citation

In re AAGS Holdings LLC, 19-13029 (Bankr. S.D.N.Y. Nov. 12, 2019)

Case Name

In re AAGS Holdings LLC

Case Type

Business