Mayer Speaks at NCBJ on Prepackaged Subchapter V Plans

On September 19, 2024, shareholder, Amy Denton Mayer, participated on a panel at the National Conference of Bankruptcy Judges (Seattle, Washington) along with moderator, Eyal Berger, and esteemed panelists, The Honorable Scott M. Grossman, Thomas T. McClendon, and Robert S. Marticello. The panel examined prepackaged and pre-negotiated Subchapter V cases and considered whether they are a solution to a problem or a solution in search of a problem. The panel distinguished between traditional, prepackaged, pre-negotiated cases, debated the pros and cons to filing a prepackaged or pre-negotiated Subchapter V case, discussed the types of cases that might benefit from a pre-negotiated plan structure, discussed the typical timeline for traditional, prepackaged, and pre-negotiated cases, and the bankruptcy rules impacting the timelines.