1182 | ABI

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.

Court :

4th Circuit

Virginia

Virginia Eastern District

Untangling the Sub V Eligibility Criteria for Individual Debtors

Oct 2023

Bankruptcy Code

1182

Topic Tags

Consumer Bankruptcy

Business Reorganization

Small Business

Bridging the Gaps: Issues of First Impression in Subchapter V Cases, and How Courts and Practitioners Are Creatively Resolving Them

Bankruptcy Code

Topics

Links

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Anatomy of a Small- to Middle-Market Restructuring in Today’s New World

Bankruptcy Code

1182

Topics

Business Reorganization

Small Business

Links

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Inside the Debtor’s Finances

Bankruptcy Code

Topics

Links

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Eligibility for Subchapter V Is Liberal, but Not Wide Open

Courts are split on whether the debt providing eligibility for Sub V must have arisen from a business that was active on the filing date.

Court :

2nd Circuit

New York

New York Northern District

Eligible or Ineligible Debt? Further Developments in the Definition of the Subchapter V Debt Limitation

Sept 2023

Bankruptcy Code

1182

Topic Tags

Consumer Debt

Judicial Roundtables: Problems, Problems, Problems

Bankruptcy Code

Topics

Bankruptcy Litigation

Practice and Procedure

Small Business