It’s All About the Third-Party Releases
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Ninth Circuit Describes the Pleading and Proof for Converting from ‘11’ to ‘7’
With the statute silent, the Ninth Circuit makes rules for assets that go to the chapter 7 estate on conversion from chapter 11.
Court:
Corporate Debtors in Subchapter V Can’t Discharge Nondischargeable Debts, Circuit Says
Both individuals and corporations in subchapter V of chapter 11 are barred from discharging debts that are nondischargeable under Section 523(a).
Court:
Recent Confirmation Developments
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