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IN RE PARKING MANAGEMENT, INC.

Case No. 20-15026.

620 B.R. 544 (2020)

IN RE: PARKING MANAGEMENT, INC., Debtor.

United States Bankruptcy Court, D. Maryland, at Greenbelt.

Signed August 28, 2020.

Attorney(s) appearing for the Case

Parking Management, Inc., Washington, DC, pro se.

Michael J. Lichtenstein , Shulman Rogers Gandal Pordy & Ecker, PA, 12505 Park Potomac Avenue, 6th Floor, Potomac, MD 20854, Debtor's Counsel.

Monique D. Almy , 1001 Pennsylvania Ave, N.W. 10th Fl, Washington, DC 20004, Trustee.

Lynn A. Kohen , U.S. Trustee Office, 6305 Ivy Lane, Suite 600, Greenbelt, MD 20770, U.S. Trustee.

Mary J. Dowd , Arent Fox LLP, 1717 K St. NW, Washington, DC 20006, Attorney for JBGS.

Walter R. Kirkman , Baker Donelson, 100 Light ST. 19th Fl, Baltimore, MD 21202, Attorney for Truist Bank.

Gwynne L. Booth , Greenstein Delorme & Luchs, P.C., 1620 L St. NW Ste. 900, Washington, DC 20036, Attorney for Connecticut/DeSales, LLC.

Catherine Harrington , Bregman, Berbert, Shwartz, Gilday, LLC, 7315 Wisconsin Ave. Ste. 800, Bethesda, MD 20814, Attorney for Union Investment Real Estate.

MEMORANDUM OF DECISION

The new Subchapter V of Chapter 11 offers small business debtors a streamlined Chapter 11 procedure that is intended to be less costly and time-consuming than a traditional case. To be eligible for Subchapter V, a debtor must have "non-contingent liquidated...

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