2024 Sidbury Development, LLC

IN THE UNITED STATES BANKRUPTCY COURT
FOR THE NORTHERN DISTRICT OF GEORGIA
ATLANTA DIVISION
IN RE: 	:
:
2024 SIDBURY DEVELOPMENT, LLC 	:
: 	Case No. 26-57308-PWB
Debtor. 	:
________________________________________________: 	Chapter 11
ORDER AND NOTICE OF HEARING ON DEBTOR’S
AMENDMENT OF PETITION TO ELECT APPLICATION
OF SUBCHAPTER V AND EXTENSION OF DEADLINES
FOR STATUS CONFERENCE AND FILING OF PLAN
2024 Sidbury Development, LLC (the “Debtor”) filed a petition for relief under Chapter
11 of the Bankruptcy Code on June 2, 2026. The Debtor did not elect to proceed under Subchapter
V of title 11.
The Debtor has now amended the petition to elect to proceed under Subchapter V.
Bankruptcy Rule 1020(a) requires that a debtor make the Subchapter V election in the voluntary
_______________________________________________________________
IT IS ORDERED as set forth below:
_________________________________
Paul W. Bonapfel
U.S. Bankruptcy Court Judge
Date: August 4, 2026
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petition. 	Bankruptcy Rule 1009(a)(1) provides that a debtor may amend a voluntary petition at
any time before the case is closed.
Provisions for the subchapter V election were added to Bankruptcy Rule 1020 in 2022.1
The Advisory Committee Notes to the 2022 Amendment state that Rule 1020, as amended, “does
not address whether the court, on a case-by-case basis, may allow a debtor to make an election to
proceed under subchapter V after the times specified in [Rule 1020(a)] or, if it can, under what
conditions.
In the circumstances of this case, it is appropriate to schedule a hearing to determine
whether the Debtor should be permitted to proceed under subchapter V.
If subchapter V is applicable, 11 U.S.C. § 1188(a) requires the court to conduct a status
conference within 60 days of the filing of the petition. That time has expired. Under § 1188(b),
the court may extend the time for the status conference “if the need for an extension is attributable
to circumstances for which the debtor should not justly be held accountable.”
A subchapter V debtor must file a plan within 90 dayJs after the filing of the plan “except
that the court may extend the period if the need for the extension is attributable to circumstances
for which the debtor should not justly be held accountable.” 	11 U.S.C. § 1189(b). 	The plan
deadline will expire on August 31, 2026.
The Court will address whether to extend these deadlines at the hearing.
It is, therefore, hereby ORDERED and NOTICE IS HEREBY GIVEN that the Court
will hold a hearing on these matters on August 27, 2026, at 1:30 p.m. in Courtroom 1401, U.S.
Courthouse, 75 Ted Turner Drive, S.W., Atlanta, Georgia. Parties in interest other than the Debtor
1 Interim Rule 1020 applied to the election after enactment of Subchapter V in 2019 until promulgation of
Bankruptcy Rule 1020.
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may participate in the hearing by Zoom in accordance with the instructions below but may not
examine witnesses or introduce evidence.
A party may join Judge Bonapfel’s Virtual Hearing Room through the link on the
Court’s website located at https://www.ganb.uscourts.gov/dial-and-virtual-bankruptcy-
hearing-information 	or the link on Judge Bonapfel’s webpage under the tab “Virtual
Hearings” which can also be found on the Court’s website. Parties and counsel should be
prepared to appear at the hearing via video but may leave the camera in the off position
until the Court instructs otherwise. Unrepresented persons who do not have video
capability may use the telephone dial-in information on the judge’s webpage.
Counsel for the Debtor is directed to serve a copy of this Order and Notice to all parties
in interest in the case within two business days from the date of its entry and to file a certificate
of service with the Court.
END OF ORDER
Distribution List
Brad Fallon
Fallon Law PC
Suite 2300
1201 W. Peachtree St. NW
Atlanta, GA 30309
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