Small Business Reorganization Act: Chapter 11 Procedures for Small Business Bankruptcies
A live 90-minute CLE video webinar with interactive Q&A
This CLE course will examine the Small Business Reorganization Act of 2019 (SBRA) and its ramifications for small businesses under Chapter 11. The panel will highlight emerging issues and developing case law, the streamlined reorganization procedures outlined in Subchapter V, and review when amendments to the Bankruptcy Code under the CARES Act and the COVID-19 Bankruptcy Relief Extension Act (the Extension Act) expire.
- Definition of a small business debtor
- Appointment and role of trustee
- Powers and duties of the debtor in possession
- Creditors committee
- Property of the estate
- Filing of plan and solicitation
- Confirmation of plan
- Modification of plan
- Proposed bankruptcy rules
- Amendments to preference provisions
The panel will review these and other critical issues:
- When will amendments to the Bankruptcy Code under the CARES Act and the Extension Act expire?
- What does SBRA attempt to address for small business reorganizations under Chapter 11?
- How have the courts interpreted the eligibility requirements for a Subchapter V election?
- What has been the role of trustees in Subchapter V cases?
- What are the new Subchapter V features that streamline the reorganization process for a small business debtor?
- What issues have debtors faced in getting Subchapter V plans approved?
Jeffrey T. Kucera
Mr. Kucera helps clients to enforce, interpret, restructure, and renegotiate lending arrangements. He is a litigator... | Read More
Mr. Kucera helps clients to enforce, interpret, restructure, and renegotiate lending arrangements. He is a litigator who focuses his practice on Bankruptcy, Debtors’ and Creditors’ Rights, and Commercial Litigation before U.S. District Courts and U.S. Bankruptcy Courts nationwide, as well as circuit courts throughout the state.Close
William L. Norton, III
Mr. Norton focuses his practice in the business bankruptcy area, dealing in all aspects of bankruptcy cases, creditor... | Read More
Mr. Norton focuses his practice in the business bankruptcy area, dealing in all aspects of bankruptcy cases, creditor rights and insolvency. With more than 25 years of practice, he has represented just about every kind of client interest expected in bankruptcy cases. His main focus now is Chapter 11 business cases – representing debtors, secured creditors, unsecured creditors, committees and trustees.Close