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A Chapter 11 Small Business Subchapter V plan, like the one filed by BI Holdings, LLC, generally includes several key components designed to facilitate the reorganization of the business under bankruptcy protection.

Here’s a rundown of what is typically included:

Debtor’s Background and Business Operations:

This section provides an overview of BI Holdings, LLC, including its history, operations, and financial situation leading up to the bankruptcy filing.

Statement of Assets and Liabilities:

Detailed information about the company’s assets, liabilities, and equity. This includes a balance sheet showing the company’s financial position.

Schedules of Income and Expenses:

A comprehensive breakdown of the company’s income sources and operational expenses. This helps illustrate the company’s cash flow situation.

Projected Financial Statements:

Forecasts and projections for the company’s financial performance during the plan period, including profit and loss statements, cash flow projections, and balance sheets.

Plan of Reorganization:

The core of the Chapter 11 plan, detailing how the company intends to restructure its debts and operations. This includes:

Treatment of Claims:

How different classes of creditors (secured, unsecured, etc.) will be treated under the plan, including payment terms and amounts.

Plan Funding:

How the company plans to fund the reorganization, which may involve new financing, asset sales, or other sources of capital.

Implementation Steps:

Steps the company will take to execute the plan, including any operational changes, management restructuring, or asset disposals.

Disclosure Statement:

An accompanying document providing detailed information about the plan and the company’s financial situation to help creditors make informed decisions about voting on the plan.

This includes:

Overview of the Plan:

Explanation of how the plan works and the rationale behind it.

Risk Factors:

Potential risks and uncertainties associated with the plan and the company’s ability to successfully execute it.
Voting Procedures: Information on how creditors will vote on the plan, including deadlines and instructions for submitting votes.

Confirmation and Implementation:

Procedures for confirming the plan in court and the timeline for implementing the plan once it’s confirmed.

Executory Contracts and Leases:

Treatment of any ongoing contracts or leases that the company has, including whether they will be assumed or rejected.

Corporate Governance and Management:

Any proposed changes to the company’s governance structure or management team as part of the reorganization.

Legal and Administrative Details:

Legal notices, court approvals, and other administrative aspects necessary for the plan’s implementation.

Each Chapter 11 Subchapter V plan is unique to the debtor’s situation and needs, so the specifics can vary.

For BI Holdings, LLC, the exact contents would be tailored to its particular circumstances and restructuring goals.