REQUIRED PAYMENTS TO GOVERNMENT ENTITIES.
U.S. Bankruptcy Court for the District of Nevada
U.S. Bankruptcy Court for the District of Nevada
Without altering the priorities established under 11 U.S.C. § 507, or creating a superpriority, a trustee or debtor who operates a business must pay all post-petition taxes, fees, charges, or other required payments to governmental entities on a timely basis, except where otherwise ordered. LR 2015.3. REPORTS OF FINANCIAL INFORMATION ON ENTITIES IN WHICH A CHAPTER 11 ESTATE HOLDS A CONTROLLING OR SUBSTANTIAL INTEREST; USE OF OFFICIAL FORM REQUIRED; EFFECT OF FAILURE TO TIMELY FILE. (a) Periodic financial reports.
Unless the court has entered an order pursuant to Fed. R. Bankr. P. 2015.3(d) or (e), the trustee or debtor in possession in every chapter 11 case filed on or after December 1, 2008, is to file all periodic financial reports identified in Fed. R. Bankr. P. 2015.3(a) within the time for filing established by Fed. R. Bankr. P. 2015.3(b). (b) Official Form. In order to comply with the periodic financial reporting requirements identified in Fed. R. Bankr. P. 2015.3(a) and this local rule, the trustee or debtor in possession is to complete the Official Form and timely file it with the court. Use of the Official Form is mandatory.
16 | P a g e U.S. Bankruptcy Court District of Nevada (c) Failure to file report. Unless the court has entered an order pursuant to Fed. R. Bankr. P. 2015.3(d) or (e), failure to file one or more of the periodic financial reports identified in Fed. R. Bankr. P. 2015.3(a) within fourteen (14) days after the due date for filing under Fed. R. Bankr. P. 2015.3(b) may constitute cause for dismissal or conversion pursuant to 11 U.S.C. § 1112(b)(4)(F).
Ask CiteLaw's AI Navigator anything about this local rule, verify citations, and research related authorities. Sign up for CiteLaw free today to get started.