Business Reorganization Bankruptcies - Use Bankruptcy Law to Save Your Business
Theodore M. McGinn and Timothy M. Hughes • April 15, 2020
A new chapter in the Bankruptcy Code, Subchapter V, recently took effect. It provides small business debtors greater flexibility to reorganize under Chapter 11. The process is more streamlined and accessible than traditional Chapter 11 and there is more control of structure and payments of small business reorganizations. Subchapter V provides small businesses much-needed relief in light of the ongoing COVID-19 pandemic. In this podcast, Attorneys McGinn and Hughes discuss Subchapter V and how it can help you save your business.
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