Small Business Reorganizations under New Subchapter V of Chapter 11 of the Bankruptcy Code The purpose of this class will be  to discuss  the changes to the new Subchapter V of the bankruptcy code and its impact on small business reorganizations.On August 23, 2019, President Trump signed into law the Small Business Reorganization Act of 2019 (“SBRA”), Pub. L. No. 116-54 (2019).

As the coronavirus shutdowns continue to strain companies across the U.S., many small businesses are now facing a tough decision: whether or not to file for bankruptcy.

Restaurants have become the economic lifeblood for many cities. The coronavirus threatens to take away more than just delicious food.

The change in Botanical Heights started with a single restaurant.

Aarthi Swaminathan ReporterYahoo Finance May 9, 2020
https://finance.yahoo.com/news/bankruptcy-student-loans-142107991.html

COVID-19 and Bankruptcy – Don’t Panic. Know Your Rights Before You Make Mistakes That Cannot Be Fixed.
This is a difficult time for everyone – employer, employee, parents, and seniors.  Never decide to do something without understanding the consequences of those innocent actions.

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1.5 CREDIT CLE: Small Business Reorganizations under New Subchapter V of Chapter 11 of the Bankruptcy Code Time
May 27, 2020 10:00 AM in Eastern Time (US and Canada)

Start thinking bankruptcy now, not later 

By NerdWallet
May 5, 2020 

If you've lost your job or struggle to pay your debt, you may need to le for bankruptcy. If that's the case, you should ignore some common financial advice and start thinking defensively. 

The coronavirus pandemic that upended the economy is also expected to send unprecedented numbers of people and businesses to bankruptcy court. Millions are out of work, and economic disruptions could continue until a vaccine is widely available, something that may be more than a year away. 

Business owners who took out loans under the Paycheck Protection Program thought converting them to grants would be easy. It’s not.

Treasury Secretary Steven Mnuchin  has repeatedly tightened the terms of the lending program to dissuade large companies from taking money.
Treasury Secretary Steven Mnuchin  has repeatedly tightened the terms of the lending program to dissuade large companies from taking money.Credit...Alex Brandon/Associated Press
Alan RappeportEmily Flitter
By Alan Rappeport and Emily Flitter
May 6, 2020

May 5, 2020
Written By: Smith Debnam Narron Drake Saintsing & Myers, LLP
JD Supra

Small Business Reorganizations under New Subchapter V of Chapter 11 of the Bankruptcy Code
The purpose of this class will be  to discuss  the changes to the new Subchapter V of the bankruptcy code and its impact on small business reorganizations.
On August 23, 2019, President Trump signed into law the Small Business Reorganization Act of 2019 (“SBRA”), Pub. L. No. 116-54 (2019). Congress increased the cap to $7,500,000 for the next year as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act from $2,725,625.00.