The Subchapter V small business provisions of the Bankruptcy Code, which Congress enacted to expedite and reduce the cost of chapter 11 cases for small businesses, have been in effect for over four years. Lowenstein's Andrew Behlmann, Bruce S. Nathan, and Michael Papandrea will discuss the nuts and bolts of Subchapter V small business cases, the differences between Subchapter V and other chapter 11 cases, recent hot issues of interest to trade creditors in small business cases, and how small business debtors (and their creditors!) have fared in Subchapter V cases. There will then be a discussion of the Final Report of the American Bankruptcy Institute’s Task Force to study Subchapter V small business bankruptcy cases, which makes recommendations to Congress regarding the Subchapter V small business provisions and their impact on trade creditors and the recent rollback of the maximum debt limit to be eligible to file Subchapter V and Congressional efforts to restore the $7,500,000 debt limit.
Speakers:
- Andrew Behlmann, Partner, Lowenstein Sandler LLP
- Bruce S. Nathan, Partner, Lowenstein Sandler LLP
- Michael Papandrea, Counsel, Lowenstein Sandler LLP
Time: 11:30 a.m. ET
*This event is open to the public but requires a registration fee.
