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The More Things Change, The More They Stay The Same? Survival Of Small Businesses Again Dependent On Action From Congress | Fox Rothschild LLP

The More Things Change, The More They Stay The Same? Survival Of Small Businesses Again Dependent On Action From Congress | Fox Rothschild LLP
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What Small Businesses Need To Know About Subchapter V Bankruptcy - Insolvency/Bankruptcy

The Small Business Reorganization Act (SBRA), also referred to as Subchapter V, took effect on February 19, 2020, and is designed to serve as a streamlined bankruptcy process for small businesses.

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Subchapter V Eligibility: Congress Fixes CARES Act Provision That Excluded Affiliates of Issuers But Ignores Potential Eligibility for Foreign, Publicly Traded Companies and Affiliates | Fox Rothschild LLP

On February 19, 2020, the Small Business Reorganization Act (the “SBRA”) became effective and created a new subchapter V to chapter 11 of the Bankruptcy Code. As we have reported,.

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President Biden Signs Bill Extending Temporary $7 5 Million Subchapter V Debt Limit Increase Into 2024 | Fox Rothschild LLP

President Biden signed into law the Bankruptcy Threshold Adjustment and Technical Corrections Act, S. 3823, 117th Cong. (the “Act”), which, among other things, continues the temporary.

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A Day Late and Nearly $5 Million Short?: Legislation Introduced to Make Permanent the $7 5 Million Subchapter V Debt Limit As Temporary Extensions Sunset | Fox Rothschild LLP

On March 14, 2022, Senator Chuck Grassley (R-IA) introduced proposed legislation that if enacted would make permanent the $7.5 million debt limit applicable to debtors under subchapter.

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