How the CARES Act and Small Business Reorganization Act Streamlined the Bankruptcy Code

In February 2020, the Small Business Reorganization Act (SBRA) went into law; among its modifications to the U.S. Bankruptcy Code was the addition of a “Subchapter V” to Chapter 11, which provided for a streamlined process for small businesses to use the protections of chapter 11 to restructure its operations and debts. The new CARES Act, enacted in response to COVID-19, makes some important modifications to the SBRA to make Subchapter V available to a substantially larger number of businesses, thereby providing a critical option to address the devastating economic effects of the pandemic. What does this mean for small businesses today and when should you consider using this option? Thomas Fawkes, a bankruptcy and restructuring partner with Tucker Ellis LLP, joins us to share his bankruptcy expertise and provide clarity into the newly available options.

April 14, 2020
3:00pm

This webinar is part of the weekly webinar series, Tactical Tuesdays, brought to you by Adamy Valuation and DWH.

CHAD SALSBERY


Managing Director, Adamy Valuation
616 726 2760
csalsbery@adamyvaluation.com

DAVID NEMES


Partner, DWH
616 233 0020
dnemes@dwhcorp.com