Corporate Debts in Sub V Can Be Nondischargeable, Judge Says, Differing with His BAP
Bankruptcy Judge Hercher agreed with the results in the Fourth and Fifth Circuits but disagreed with some of the appeals courts’ logic.
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Early Edition with Bill Rochelle
Mass Confusion: Win, Lose or Draw, What’s Next After the Supreme Court Rules? Part I
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Mass Confusion: Win, Lose or Draw, What’s Next After the Supreme Court Rules? Part II
Big Stuff on Chapter 11 from the Second Circuit and Elsewhere
Fifth and Fourth Circuits Hold that Debts in Sub V Can Be Nondischargeable
Differing with eight lower courts, the Fifth Circuit sided with the Fourth Circuit by holding that debts of corporate debtors in Subchapter V can be nondischargeable in nonconsensual plans.
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