Rochelle's Daily Wire

ABI Exclusive

Selling Assets of a Defunct Business Is a Legitimate Activity in ‘Sub V,’ Florida Judge Says

The oversight of a distribution by a chapter 7 trustee (and the attendant expense) isn’t required when a debtor liquidates the assets in Subchapter V of chapter 11.

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Opinion Link

Case Details

Case Citation

In re Vertical Mac Construction LLC, 21-1520 (Bankr. M.D. Fla. July 23, 2021)

Case Name

In re Vertical Mac Construction LLC

Case Type

Business