July 09, 2024 | New York Law Journal
Fifth Circuit Weighs In, Finds Section 523(a) Applies to Corporate Debtor in Subchapter VThe 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
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