Date of Decision:
February 11, 2021
Whether a chapter 11 debtor was "engaged in commercial or business activities" on the petition date so as to qualify as a Subchapter V debtor under 11 U.S.C. § 1182(1)(A)?
Yes. The Court found the debtor was engaged in commercial or business activities on the petition date because it was negotiating a lease for office space in a portion of the debtor's business premises.