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4th Circuit: Business Subchapter V Debtors May Not Discharge All Debts - Vimarsana News

4th Circuit: Business Subchapter V Debtors May Not Discharge All Debts

Published: June 24, 2022

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.

Source: natlawreview.com
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Fourth Circuit Rules That Corporate Small Business Debtors Under Subchapter V May Not Be Able to Discharge All Debts | ArentFox Schiff - Vimarsana News

Fourth Circuit Rules That Corporate Small Business Debtors Under Subchapter V May Not Be Able to Discharge All Debts | ArentFox Schiff

Published: June 24, 2022

On June 7, 2022, the Fourth Circuit Court of Appeals unanimously held that the exceptions to discharge found in section 523(a) of the Bankruptcy Code, which ordinarily exclusively apply...

Source: jdsupra.com
Related Topics:
United StatesSouth CarolinaWest VirginiaArentfox SchiffVincent ClearyCantwell Cleary Co IncRtech FabricationsCleary PackagingSatellite Restaurants IncConsol IncBankruptcy CourtFourth Circuit CourtBankruptcy CodeFourth CircuitCleary ProductsCleary ProductSatellite RestaurantsCrabcake Factory United States