Jeffrey M Rosenthal Vincent J Roldan

Jeffrey M Rosenthal Vincent J Roldan

July 09, 2024 | New York Law Journal

Fifth Circuit Weighs In, Finds Section 523(a) Applies to Corporate Debtor in Subchapter V

The Fifth Circuit, in 'In re GFS Industries', recently issued a decision siding with the controversial 'Cleary Packaging' decision. All of a sudden, the subchapter V debtor's efforts to use a streamlined procedure could be undermined by Section 523(a) litigation even outside the Fourth Circuit.

By Jeffrey M. Rosenthal, Vincent J. Roldan and Joshua S. Bauchner

7 minute read