Judge Faris Explains Why a Hypothetical Chapter 7 Sale Isn’t Necessarily ‘FMV’
A chapter 7 trustee’s obligation to sell can mean that chapter 7 prices don’t fit the ordinary definition of fair market value.
Court:
In Sub V, a Class with No Votes Isn’t Considered in Confirming a Chapter 11 Plan
Former Bankruptcy Judge David R. Jones disagreed with a colleague, who had held that a non-voting class is considered as having voted against a plan.
Subchapter V: The Trustee’s Role (Facilitator, Mediator, Liquidator and Distributor), § 1111(b) Applications and Other Issues
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Restaurant Employment Recovers to Pre-Pandemic Levels
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The Standard for Enlarging the Time to File a Subchapter V Plan
Judge Jacobvitz of New Mexico follows Judge Harner of Maryland in developing a standard for deciding whether a Subchapter V debtor may extend the time for filing a plan.
Court:
Small Business Bankruptcies Rising at Worst Pace Since Pandemic
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Bankruptcy Judge Stong Penned a Compendium About Eligibility for Subchapter V
Another judge holds that dealing with debt from a defunct business satisfies the eligibility requirement for Subchapter V.
Hot Topics with Bill Rochelle
U.S. Small-Business Owners Say Damage From High Rates Will Persist
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