Skip to main content

Courts Are Now Split on Ignoring Nonvoting Classes in Subchapter V Plans

Disagreeing with two bankruptcy courts in Houston, Miami’s Judge Isicoff holds that a Sub V plan with a nonvoting class can be confirmed only as a nonconsensual plan.

Separate Entity (LLC/Corp.) Issues

Bankruptcy Code

Links

please log in to access Law Review Articles or click here to join ABI.

Subchapter V Issues

Bankruptcy Code

Links

please log in to access Law Review Articles or click here to join ABI.

Cases You Read About Too Early

Bankruptcy Code

Links

please log in to access Law Review Articles or click here to join ABI.

Three Years Is the ‘Default’ Duration for a Subchapter V Plan, Judge Robinson Says

The Code doesn’t contain any rules specifying when a Subchapter V plan should have a five-year duration rather than three years.