Type: Amicus
Date: May 12, 2015
Description: Whether absolute priority rule applies to individuals in chapter 11
Result: Judgment reversed and remanded, August 13, 2015
In re Woodward, No. 15-6001 (B.A.P. 8th Cir.)
Posted by NCBRC - June 29, 2015
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The Honoring American Veterans in Extreme Need Act of 2019 (“HAVEN Act”) excludes certain benefits paid to veterans or their family members from the definition of current monthly income (“CMI”) found in the Bankruptcy Code. The HAVEN Act amends § 101(10A) of the Bankruptcy Code and supplements the 2005 amendments to the Code that excluded other government benefits, such as social security income.
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