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New Law Puts Chapter 11 Bankruptcy Within Reach for Small Businesses

Puts Chapter 11  Bankruptcy  Within Reach for  Small Businesses

The Small Business Reorganization Act of 2019 (SBRA), known as Subchapter V (Public Law (PL) 116-54), presents a new opportunity for reorganizing small businesses under Chapter 11 of the U.S. Bankruptcy Code.

This new law became effective February 20, 2020, and was promptly expanded as of...


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