JD Supra

Too Much of a Good Thing: Congress Allows Increased Subchapter 5 Eligibility Level to Expire

Over the past few years, one of the universally celebrated success stories in the bankruptcy and restructuring world has been Subchapter V of the Bankruptcy Code. Created by the Small Business ...
JD Supra

CARES Act Increases Eligibility Threshold For Small Businesses To File Under New Subchapter 5 Of The Bankruptcy Code

On August 23, 2019, the Small Business Reorganization Act of 2019 was signed into law, creating a new Subchapter 5 of the United States Bankruptcy Code. The new law, which went into effect on February ...
Law

Legislation Expanding Subchapter V Bankruptcy Eligibility Awaits Congressional Vote

If BTATCA is passed and the subchapter V bankruptcy debt limit is restored to $7.5 million, it will be considered by many as a transformative step for the future of small business bankruptcies across ...