Small Business Bankruptcy Rules Get Tighter After U.S. Law Expiration
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Enhanced Subchapter V Debt Limit Faces Friday Sunset
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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.
Court:
An ‘Admin’ Claim Isn’t Mandated for Nonpayment of Rent Before Automatic Rejection
To align with congressional intent underpinning Section 365(d)(3), Judge Gravelle gave the landlord an administrative claim for base rent due after filing and before automatic rejection.
Court:
Sub V Debt ‘Cap’ in Peril of Reverting to About $3 Million on June 21
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Sub V Debt ‘Cap’ in Peril of Reverting to About $3 Million on June 21
One senator is blocking an extension of the $7.5 million debt cap for Subchapter V and the $2.75 cap for chapter 13.
Court:
U.S. Small Business Sentiment Up in May
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