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Clerk's Notice 22-01 (Notice Regarding Amendment To Chapter 11 Subchapter V Scheduling Order)

Friday, March 25, 2022

The Court has amended the Chapter 11, Subchapter V Scheduling Order and Notice of Status Conference to include a requirement that interim compensation be paid by the Debtor to the Subchapter V trustee, subject to review and approval by the Court.

This requirement can be found in new paragraph 8 of the Scheduling Order as follows:

8. Interim Trustee Compensation. Within 30 days of the petition date and continuing monthly thereafter, Debtor shall remit to the Subchapter V trustee interim compensation in the amount of $1,000. The amount of interim compensation is subject to adjustment by the Court, after notice and hearing upon request of any interested party, and subject to final approval by the Court under 11 U.S.C. § 330. Debtor shall include this interim compensation in any proposed cash collateral budget.

Click here to view Clerk's Notice 22-01 in it's entirety.