UPDATE to Small Business Reorganization Act and Chapter 11 Cases Due to COVID-19

2021-09-07T22:24:02+00:00

Increase in SBRA debt limit. Congress enacted the Small Business Reorganization Act (SBRA) in 2019 with an effective date of February 20, 2020. The SBRA was designed to provide a more efficient and streamlined reorganization process for small business entities for which the expense of a full chapter 11 case and the requirements for plan [...]