TMA Town Hall for May 12, 2021

The First 100: The Biden Administration's Impact on Restructuring

Sponsored by Bernstein Shur, Development Specialists, Inc., and Gavin/Solmonese.

Recent legislation has significantly impacted the turnaround and restructuring industry, including...

JCR Guest Editor
A little over one year ago, just as the country was heading into a period of unprecedented turbulence caused by the COVID-19 pandemic, the Small Business Reorganization Act (SBRA) went into effect on February 19, 2020. Before SBRA, struggling businesses considering bankruptcy had two options:...
Subchapter V, ABCs  Are Key Tools for Troubled SMBs
As economic calamities in the U.S. dominate the headlines, and the media focus relentlessly on the supposed demise of the retail, hospitality, and other industries, businesses of all sizes are forced to contemplate their futures. In particular, small and medium-size businesses (SMBs), as well as...
Bankruptcy Courts Appear ‘Good Faith Debtor’ Friendly in Subchapter V Cases
Pursuant to the Small Business Reorganization Act of 2019 (SBRA), which became effective on February 19, 2020, Chapter 11 of the U.S. Bankruptcy Code was amended to include new Subchapter V. Through newly added Bankruptcy Code Sections 1181-1195, “small business debtors” should be able to...
What Turnaround Professionals Need to Know About Subchapter V
As most turnaround professionals know, federal legislation in response to the coronavirus pandemic created a limited window for more businesses to qualify for what is intended to be a faster, less costly, and simpler route through bankruptcy. This route exists through the Small Business...
The Role of the Trustee in Subchapter V Cases
The addition of Subchapter V to Chapter 11 of the U.S. Bankruptcy Code is an important innovation that introduces significant cost savings, allowing small business debtors an opportunity to reorganize. Most notably, Subchapter V transforms the role of the trustee from one of prosecutor to that of...
Spiral Image center says Come In We're Open
The Small Business Reorganization Act of 2019 (SBRA) became effective on February 19, 2020, bringing with it a new reorganization tool for small business debtors: Subchapter V of the U.S. Bankruptcy Code. Subchapter V streamlines the Chapter 11 bankruptcy process for small business debtors,...
TMA Town Hall for October 14, 2020

Subchapter V, The Newest Tool to Help Small Businesses

Subchapter V trustees give an overview of eligibility for and key features of this new portion of the U.S. Bankruptcy Code designed to make Chapter 11 proceedings faster, cheaper, and easier for small businesses. With...

Subchapter V
Most middle market lenders probably paid little attention when the Small Business Reorganization Act (SBRA)—popularly known as Subchapter V, referring to the new Subchapter V of Chapter 11 of the Bankruptcy Code—took effect in February 2020. Only businesses with combined secured and unsecured debts...
TMA-Northern Ohio

July 14, 2020

Join the Northern District of Ohio's Subchapter V Bankruptcy Trustees as they discuss how the new legislation is being applied by debtors, courts, and trustees. The panel will talk about the types of cases filed, pending issues, recent decisions, and...