Abstract
Effective February 19, 2020, Congress enacted new bankruptcy legislation granting debtors the option to elect a new subchapter V of chapter 11 of the bankruptcy code (Subchapter V). This was made possible by the bipartisan legislation known as the Small Business Reorganization Act of 2019 (SBRA). 1 The SBRA was enacted to provide small business debtors 2 the opportunity to reorganize in a cost-effective manner. This Article addresses certain pros and cons of these amendments to the Bankruptcy Code (Code), which will depend upon the eyes of the beholder.
Recommended Citation
William L. Norton III & James B. Bailey,
The Pros and Cons of the Small Business Reorganization Act of 2019,
36
Emory Bankr. Dev. J.
383
(2020).
Available at:
https://scholarlycommons.law.emory.edu/ebdj/vol36/iss2/2