Plan Confirmation

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Split Grows on Whether a Subchapter V Debtor Must Be ‘Currently’ Engaged in Business

The owner of defunct businesses was held ineligible to be a small business debtor because he was no longer the owner of an operating business. Being a non-owner executive of an operating business didn’t qualify him.

Court :

5th Circuit

Texas

Texas Northern District

Courts Are Split on Whether Counsel Fees Are Considered in the Chapter 13 Best Interests Test

Deferred payments to unsecured creditors in a chapter 13 plan must equal the present value of the distributions required by the best interests test, Judge Halfenger says.

Court :

7th Circuit

Wisconsin

Wisconsin Eastern District

Tuesday, March 2, 2021

Article Tags

Business Reorganization

Covid19

Retail

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Benchnotes April 2021

Bankruptcy Code

Topic Tags

Bankruptcy Litigation

Plan Confirmation

Uniform Commercial Code/Article 9

Addressing Treatment of Equity Under Foreign Law and the Code

Bankruptcy Code

Topic Tags

International Insolvency

Tuesday, February 16, 2021

Article Tags

Business Reorganization

Telecom/Tech

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