Subchapter V eligibility update

Description: 

 The 9th Circuit Bankruptcy BAP has ruled in RS Air, LLC that a profit motive is not required for a debtor to qualify for Subchapter V relief. An article about this case can be found at https://www.jdsupra.com/legalnews/profit-motive-not-required-for-9954771...

Jim Shenwick, Esq.  212 541 6224   [email protected]