Commercial office vacancies have skyrocketed and rents have plummeted. Tenants, required to examine their space requirements post-pandemic, are also figuring out how to take advantage of the lower rents. A recent addition to the Bankruptcy Code provides a potential answer.
Legal commentators have long lamented that Chapter 11′s high costs and complexities make it too difficult for small businesses to successfully reorganize. In response to these concerns, Congress recently passed amendments to the Bankruptcy Code known as the Small Business Reorganization Act (SBRA).
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
