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ABI Journal

1182

Bankruptcy Code

Bankruptcy Judge Stong Penned a Compendium About Eligibility for Subchapter V

Another judge holds that dealing with debt from a defunct business satisfies the eligibility requirement for Subchapter V.

Bankruptcy Code
Must the Sub V Debtor’s Debts Be Linked to Its Current Business?

Oct 2023

Bankruptcy Code

All Future Liability on a Lease Counted for Subchapter V Eligibility

Future liability on a lease was counted as a liquidated, noncontingent debt in calculating whether the Subchapter V debtor had more than $7.5 million in debt.