small business reorganization act of 2019 coronavirus COVID-19

Small Business Reorganization Act of 2019 (SBRA) seeks to make bankruptcy more affordable for small business

The Small Business Reorganization Act of 2019 (the “SBRA”), enacts a new Subchapter V (Sub V) of Chapter 11 of the Bankruptcy Code. The SBRA seeks to address problems encountered by small business debtors in reorganizing under the provisions of the United States Bankruptcy Code.  The existence of two sets of provisions in Chapter 11 …

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