11 USC App Rule 1020: Election to be Considered a Small Business in a Chapter 11 Reorganization Case
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11 USC App Rule 1020: Election to be Considered a Small Business in a Chapter 11 Reorganization Case
From Title 11-AppendixFEDERAL RULES OF BANKRUPTCY PROCEDURE AND OFFICIAL BANKRUPTCY FORMSPART I-COMMENCEMENT OF CASE; PROCEEDINGS RELATING TO PETITION AND ORDER FOR RELIEF
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Rule 1020. Election to be Considered a Small Business in a Chapter 11 Reorganization Case

In a chapter 11 reorganization case, a debtor that is a small business may elect to be considered a small business by filing a written statement of election not later than 60 days after the date of the order for relief.

(Added Apr. 11, 1997, eff. Dec. 1, 1997.)

Notes of Advisory Committee on Rules-1997

This rule is designed to implement §§1121(e) and 1125(f) that were added to the Code by the Bankruptcy Reform Act of 1994.

GAP Report on Rule 1020. The phrase "or by a later date as the court, for cause, may fix" at the end of the published draft was deleted. The general provisions on reducing or extending time periods under Rule 9006 will be applicable.