X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
bankruptcy law book and gavel create jobs 51/Shutterstock

On Aug. 23, 2019, President Trump signed into law the Small Business Reorganization Act of 2019 (“SBRA” or the “Act”), Pub. L. No. 116-54 (2019). The SBRA, which becomes effective on Feb. 19, 2020, seeks to address problems encountered by small business debtors in reorganizing under the provisions of the United States Bankruptcy Code. The Act creates a new Subchapter V to Chapter 11, which aims to make small business bankruptcy proceedings more expeditious and less costly. It also contains provisions that may reduce a creditor’s leverage and require their greater vigilance in a small business case.

Want to continue reading?
Become a Free ALM Digital Reader.

Benefits of a Digital Membership:

  • Free access to 3 articles* every 30 days
  • Access to the entire ALM network of websites
  • Unlimited access to the ALM suite of newsletters
  • Build custom alerts on any search topic of your choosing
  • Search by a wide range of topics

*May exclude premium content
Already have an account?

Law Firms Mentioned

 

Library of New Jersey Collection Law FormsBook

New and updated sample documents for your practice. Completely revised from its original 2008 publication. Softcover book with 300+ Forms onlineEvery civil litigator ha...

Get More Information
 

Banking Litigation & Regulation Forum 2020Event

Delivers the key insights and practical solutions to acutely address the complex minefield of UK banking litigation & regulation.

Get More Information
 
 

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.