Tag Archives: Small Business Reorganization Act

Analysis of the key differences between small business and traditional Chapter 11 bankruptcy cases

By doug | Published: April 21, 2020

Bankruptcy courts nationwide began implementing a new law, the Small Business Reorganization Act, in February, 2020, just in advance of one of the sharpest, swiftest economic swoons in memory. The new law, sometimes tagged with the initials SBRA, creates a streamlined version of Chapter 11 bankruptcy reorganization for small companies and entrepreneurs who want to […]

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Will the First Circuit screw up the Small Business Reorganization Act?

By doug | Published: April 17, 2020

The newly enacted Small Business Reorganization Act, creating a new subchapter V in Chapter 11 of the bankruptcy code geared toward smaller enterprises, gives bankruptcy lawyers a whole new toolbox when it comes to helping entrepreneurs with less than $7.5 million in debts. One of the new sections, 11 USC s. 1190, appears to specifically […]

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Stimulus legislation increases access to small business bankruptcy procedures; up to $7.5M in debt can be restructured

By doug | Published: March 31, 2020

In August of 2019, Congress did something that’s become a bit unusual — it passed bipartisan legislation, and saw it signed in to law by the President. The particular bill was a sweeping change to the federal bankruptcy code that was intended to open up Chapter 11 reorganizations to small businesses for the first time.  […]

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Highlights of the differences between the new small business bankruptcy law and traditional Chapter 11 cases

By doug | Published: March 27, 2020

The Small business Reorganization Act of 2019 roared in to life six months after its passage, on February 19, 2020, just in time for businesses to test its effectiveness given the ongoing corona virus crisis. Most lawyers and business people have at least heard of the existing Chapter 11 laws — at various points Delta […]

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A guide to interpreting the Small Business Reorganization Act of 2019 without driving yourself crazy

By doug | Published: March 22, 2020

Before diving in to the details of the Small Business Reorganization Act of 2019, take your gloves off. You’re going to need all your fingers to cross-reference the myriad of bankruptcy law passages that are cryptically referenced there. For a head start, keep reading: you can consider this guide a means of freeing up at […]

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