If a business engages in bad behavior like intentional interference with contract and tortious interference with business relations, then it may not use Subchapter V of Chapter 11 to.
Subchapter V eliminates the absolute priority rule creating a less expensive Chapter 11 reorganization path for small business debtors. To confirm a plan, the bankruptcy court need only find it is feasible and projected disposable income will be paid to creditors
THE 2022 Laois Business Awards organised by Laois Chamber have been officially launched. The winners will be announced at a black tie event on Friday 4 November…
Entrepreneurs around Laois are being urged to enter enterprises in the Laois Business Awards 2022 There will be eleven award categories up for grabs in the awar.
In re Cleary Packaging, LLC No. 21-1981 signals a departure from the trend of lower courts that have considered the issue and places more pressure on subchapter V debtors to confirm consensual plans in the Fourth Circuit.