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Levenfeld Pearlstein, LLC

Congress Considers Another Extension to the Subchapter V $7.5 Million Debt Limit

On February 19, 2020, Congress enacted the Small Business Reorganization Act (“SBRA”) to, among other things, streamline the chapter 11 bankruptcy process for a small business by creating subchapter V of the Bankruptcy Code....more

McCarter & English, LLP

Senate Bill Proposes To Expand Paycheck Protection Program To Businesses In Bankruptcy—But With A Significant Catch

Late last month, Senators Marco Rubio (R-Fla.) and Susan Collins (R-Maine) introduced Senate Bill 4321 (S-4321), titled “Continuing Small Business Recovery and Paycheck Protection Program Act” (Bankruptcy Access Bill), which,...more

White & Case LLP

COVID-19: Belgian government grants a moratorium on insolvency and enforcement proceedings

White & Case LLP on

The effects of the COVID-19 outbreak leave many Belgian enterprises in financial distress, or even, for some of them, at risk of insolvency. In order to help these enterprises navigate the crisis and prevent them from going...more

K&L Gates LLP

Small Business Debtor Reorganization: An Overview of Chapter 11’s New Subchapter V

K&L Gates LLP on

The term “small business debtor” originated in 1994 with Congress’s first attempt at a streamlined chapter 11 process for businesses that had insufficient assets to fund a typical bankruptcy reorganization....more

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