Just in the Nick of Time: Understanding the Changes to Chapter 11 Practice for Small Businesses in the Small Business Reorganization Act in the Age of Covid-19
Program Number
Program Date
CLE Credits
The program is designed to describe the chapter 11 confirmation process generally and to compare and contrast the typical chapter 11 process with the amendments to the Bankruptcy Code that apply to businesses with less than $2.7 million (the Cares Act has created a temporary, one year, $7.5 million debt cap). The program will enable attendees to understand the two and appreciate the benefits of the Small Business Reorganization Act (the “SBRA). The SBRA was intended to reduce the costs of filing chapter 11 and streamline the process thereby opening the door to a category of debtors for whom chapter 11 was not a practicable solution. The impact on the Covid-19 virus will make this law a critical tool for those businesses attempting to recover from the disruption of their businesses.
Available in States
- California
- Georgia
- New Jersey
- New York
- Texas Self Study
Program Categories
- Administrative Law & Regulations
- Banking & Finance Law
- Bankruptcy Law & Creditor Rights
- Business Law
- Business Organizations & Contracts
- Covid-19
- Federal Courts
PROGRAM CREDITS
- Areas of Professional Practice : 1 Credit
