Aug 2022
July 2022
First Circuit won’t allow artful pleading to avoid the automatic stay in municipal bankruptcies.
Unlike chapters 12 and 13, the bankruptcy court in Subchapter V has discretion in selecting the commitment period for confirmation of a cramdown plan.
Federal preemption allowed rejection of the defined benefit pension plan for Puerto Rico’s teachers.
Redesignation under the SBRA might become a hot topic once again when (if) Congress raises the cap back to $7.5 million.