Publications & Presentations
April 2021

Bankruptcy Courts Appear ‘Good Faith Debtor’ Friendly in Subchapter V Cases

Co-Author, Journal of Corporate Renewal

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 reorganize their financial affairs in a more efficient and cost-effective manner while also maintaining control over their businesses and, ultimately, ownership interests.