Bankruptcy
Dec. 27, 2019
Small Business Reorganization Act of 2019
Earlier this year Congress enacted the Small Business Reorganization Act of 2019 with the stated goal of assisting small business debtors who have struggled to reorganize under Chapter 11.
Stuart B. Rodgers
Lane & Nach, P.C.Phone: (602) 258-6000
Email: stuart.rodgers@lane-nach.com
Stuart practices in the areas of bankruptcy law, civil litigation, tax lien foreclosure and creditors' rights. This article should not be considered or construed as legal advice on any fact or circumstance. You should consult your own attorney regarding your own personal situation or any legal question you may have.
Paul M. Hilkert
Lane & Nach, P.C.Email: paul.hilkert@lane-nach.com
Paul practices in the areas of bankruptcy law and creditors' rights.
In 2005, Congress amended the Bankruptcy Code and included special rules and procedures for "small business debtors" with the intent to weed out small business debtors who were not likely to reorganize. Recently, Congress concluded that, notwithstanding the 2005 amendments, small business Chapter 11 debtors continue to encounter difficulty in reorganizing. Earlier this year Congress enacted the Small Business Reorganization Act of 2019 with the stated goal of assistin...
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