New Law Puts Chapter 11 Bankruptcy Within Reach for Small Businesses
Jerrold L. Bregman, Partner, Brutzkus Gubner
The Small Business Reorganization Act of 2019 (SBRA), known as Subchapter V (Public Law (PL) 116-54), presents a new opportunity for reorganizing small businesses under Chapter 11 of the U.S. Bankruptcy Code.
This new law became effective February 20, 2020, and was promptly expanded as of...
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Jerrold L. Bregman, a partner with Brutzkus Gubner, is a bankruptcy and financial transactions lawyer in the firm’s offices in Denver and Los Angeles. He holds a law degree and MBA from UCLA and is licensed in California, Colorado, and New York; AV Preeminent-rated; a certified Specialist in Bankruptcy Law (California Board of Legal Specialization, 1995); among U.S. News & World Report’s “Best Lawyers in America,” 2019/2020; and a Thomson Reuters Super Lawyer in California and New York for a number of years.