Smallhold, Inc.

CourtUnited States Bankruptcy Court, D. Delaware
DecidedJuly 29, 2025
Docket24-10267
StatusUnknown

This text of Smallhold, Inc. (Smallhold, Inc.) is published on Counsel Stack Legal Research, covering United States Bankruptcy Court, D. Delaware primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Smallhold, Inc., (Del. 2025).

Opinion

IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE In re: Chapter 11

Smallhold, Inc., Case No. 24-10267 (CTG)

Reorganized Debtor. (Subchapter V) Mountain Meadow Mushroom Farms, Inc., Adv. Proc. No. 25-50491 (CTG)

Plaintiff, Related Docket No. 12

v.

Smallhold, Inc., et al.,

Defendants. Smallhold, Inc., Adv. Proc. No. 25-50393 (CTG) Plaintiff, Related Docket No. 15 v.

Mountain Meadow Mushroom Farms, Inc.,

Defendant. MEMORANDUM OPINION In an ordinary chapter 11 corporate reorganization case, the effective date of the plan marks the dividing line between the time when the debtor is “in” bankruptcy and the date when it emerges from bankruptcy protection. That date is important for a number of reasons. One of them is that while a company is “in” bankruptcy, its assets are part of the “bankruptcy estate.” And any dispute that can have a “conceivable effect” on that estate falls within the subject-matter jurisdiction of the bankruptcy court. But as the Third Circuit’s decision in Resorts International explains, things

change upon emergence.1 A reorganized debtor is, generally speaking, outside the scope of the bankruptcy court’s protection. It does business with the world subject to the usual rules of non-bankruptcy law. The scope of the bankruptcy court’s subject- matter jurisdiction thus narrows sharply. The court may, of course, enforce the terms of the confirmed plan. And it may also, under Resorts, address matters that have a “close nexus” to the plan.2 But it cannot hear and resolve a matter simply because the dispute has an effect on the bankruptcy estate. As Resorts explains, upon the

effective date of a plan, estate property typically revests in the reorganized debtor. Because there is no longer a bankruptcy estate, no dispute can have a “conceivable effect” on the estate.3 In addition to the question about the line separating the time when a debtor is “in” bankruptcy from when it has emerged, the current dispute also raises a question of when a claim for breach of contract “arises” for purposes of bankruptcy law. The

debtor Smallhold entered into a long-term contract to buy mushrooms from Mountain Meadow during the bankruptcy case.4 Under the confirmed plan, the reorganized

1 In re Resorts Int’l, Inc., 372 F.3d 154 (3d Cir. 2004). 2 Id. at 166-167. 3 Id. at 165. 4 Debtor Smallhold Inc. is referred to as “Smallhold,” “debtor,” or “reorganized debtor.” Mountain Meadow Mushroom Farms is referred to as “Mountain Meadow.” debtor took on the benefits and burdens of that contract. Mountain Meadow alleges, in a lawsuit filed in California state court, that after Smallhold emerged from bankruptcy, Smallhold breached the contract by failing to buy mushrooms as the

contract had required.5 The central issue in the current dispute is whether the breach of contract claim arose “in” the bankruptcy case (when the contract was signed) or after the bankruptcy case (when the alleged breaches occurred). Smallhold removed the California state court lawsuit to federal court, which transferred it here. If Mountain Meadow’s claim for breach of contract is treated as arising during the bankruptcy this Court would have subject-matter jurisdiction over that claim. If the claim is viewed as arising after the debtor emerged, then this Court

would lack subject-matter jurisdiction over the claim and this Court should remand it to state court. The answer is that the breach of contract claim here arises after confirmation. And while the fact that this is a case under subchapter V, rather than an ordinary chapter 11 case, raises further complications, those concerns turn out (in light of the terms of the confirmed plan) not to make a difference to the outcome here. The Court

5 The California state law complaint was filed in the Superior Court for the State of California, County of San Diego, and bears the docket number 24CU026743C. It is docketed in this Court as an attachment to the Notice of Removal, which is D.I. 1 in the adversary proceeding No. 25-50491 (beginning on p. 17 of 39). That lawsuit is referred to as the “California Litigation” and the complaint as the “California Complaint.” Materials on the docket of this adversary proceeding are cited as “D.I. __.” Citations to materials filed on the docket in adversary proceeding initiated by the debtor, No. 25-50393, are cited as “Adv. Proc. No. 25-50393, D.I. __.” Citations to materials filed on the docket in the main bankruptcy case are cited as “Main Case D.I. __.” thus lacks subject-matter jurisdiction over this claim and will remand it to the state court. Mountain Meadow also asserted a claim against Smallhold for fraudulent

inducement. That claim arises during the bankruptcy. As a result, that claim may be asserted as an administrative claim under § 503(b) and is thus within the “arising under” jurisdiction. In an ordinary chapter 11 case, as well as a consensual case under subchapter V, such a claim would be discharged at confirmation. The claim here, however, will not be discharged unless and until the debtor successfully completes its plan. That circumstance might well justify the entry of a temporary injunction barring the pursuit of that claim during the period after confirmation when

the debtor is seeking to complete its obligations under the plan. Mountain Meadow, however, has represented that it does not seek to pursue this claim. The Court will accordingly retain jurisdiction over that claim on the expectation that Mountain Meadow will voluntarily dismiss it. In addition, Mountain Meadow also asserted state law claims against various third parties. This Court also lacks subject-matter jurisdiction over those claims.

The Court will therefore remand those claims to the California state court. That leaves Smallhold’s adversary proceeding asserting violations of the automatic stay, confirmation order, and plan injunction. Beginning with the automatic stay, in light of the analysis above, Mountain Meadow did not violate the automatic stay by asserting the breach of contract claim in state court. That claim arose after the debtor emerged. And the pursuit of post-emergence claims against a reorganized debtor cannot implicate the automatic stay. The pursuit of the fraudulent inducement claim raises a more subtle issue. That claim arose during the bankruptcy case and would therefore be an administrative claim and would be subject

to the administrative claims bar date. But even so, § 362 does not prevent a creditor from seeking to liquidate an administrative claim outside of bankruptcy court. It is only the enforcement of that claim against estate property that would violate the automatic stay. Because there is no allegation that Mountain Meadow took any action against estate property (which, as discussed above, no longer exists, since all estate property revested in the reorganized debtor on the effective date), the claim for violation of the automatic stay will be dismissed.

Finally, the adversary proceeding also asserts claims for violation of the confirmation order and the plan injunction. Those claims also lack merit and will be dismissed. Factual and Procedural Background Smallhold is a specialty mushroom farming company with operations in New York, Texas, and California. Smallhold filed for bankruptcy, under subchapter V of chapter 11, in February 2024.6 The plan was confirmed in August 2024

notwithstanding the fact that the debtor’s unsecured creditors (class 2) voted to reject

6 D.I. 12 at 3. D.I. 12 is Mountain Meadow’s motion for remand. Mountain Meadow has attached Adam Pokornicky’s declaration [D.I. 12-1], the terms of the Smallhold-Mountain Meadow contract [id., Ex. A], Mountain Meadow’s request for judicial notice in support of remand [D.I. 12-2], the Smallhold plan confirmation order [id., Ex.

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