sku 500-x Guide to Subchapter V Practice 2021
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Select item # 8b-V
KING'S GUIDE TO SUBCHAPTER V
In Chapter 11 Small Business Cases
Release # 1 2023
by Morgan D. King, Esq.
KEY FEATURES & BENEFITS
OF SUBCHAPTER V
Elimination of the requirement to pay quarterly Trustee fees;
Abrogating the absolute priority rule;
Quick confirmation of a plan;
An impaired accepting class is not required;
No disclosure statement required;
No mandatory appointment of a creditors committee;
Appointment of a Subchapter V trustee to assist in developing a plan, while leaving the debtor in possession of its assets and in control of its business;
The exclusive right (which cannot be terminated) to file a plan;.
The ability to pay administrative expenses over time under a plan.