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Time Is Running Out On Restructuring Under New Subchapter V

The clock is ticking for small businesses to take advantage of a new way to restructure under Chapter 11 of the Bankruptcy Code. New Subchapter V — part of the CARES Act — is set to expire early next year.

8 minute read November 01, 2020 at 12:09 AM
By
Jerrold L. Bregman
Time Is Running Out On Restructuring Under New Subchapter V

The clock is ticking for small businesses (with debt of less than $7.5 million) to take advantage of a new way to restructure under Chapter 11 of the Bankruptcy Code.

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