The Small Business Reorganization Act of 2019 (“SBRA”) was signed into law by President Trump on August 23, 2019. The law enacted a new subchapter of Chapter 11 of the Bankruptcy Code, which is ...

Introduced in 2019, Subchapter V of Chapter 11 of the Bankruptcy Code (11 U.S.C. Section 1181 et seq.) has been an invaluable tool for lawyers advising financially troubled small businesses. It ...

Southern Tire & Fleet Service, LLC, specializing in commercial trucks and fleet maintainance has filed for bankruptcy ...

The Palm Beach Sandal Company filed for Chapter 11 bankruptcy court protection this week. Citing former first lady Jacqueline ...

When franchisees choose to financially reorganize under the Bankruptcy Code, they may be the right size to choose to reorganize under subchapter V of Chapter 11. Subchapter V proceedings are simpler, ...

Thousands of businesses may see one of their options to shed debt closed off in the coming weeks. Small businesses will be left without a useful Covid-era bankruptcy tool when it expires in the coming ...

NEW YORK, Sept. 03, 2025 (GLOBE NEWSWIRE) -- The number of distressed small businesses electing to file for subchapter V of chapter 11 of the U.S. Bankruptcy Code increased 17 percent to 200 last ...

The COVID-19 pandemic is wreaking havoc on small businesses, and many are struggling to stay open. While unfortunately some have been forced to close their doors, those sustainable yet struggling ...