The Small Business Reorganization Act of 2019 (SBRA) became effective on the eve of the economic free fall stemming from the COVID-19 pandemic. Longleaf Law Partner’s bankruptcy law expert, Cindy G. Oliver, explains the new law in our 13-part series, Bankruptcy Buzz. Part 3 of 13: A debtor in bankruptcy is not eligible to apply for a Paycheck Protection Program (PPP) loan. And a PPP applicant that becomes a debtor in bankruptcy after submitting the PPP application, […]
Archives for May 2020
Who is a Small Business Debtor Under Subchapter V?
The Small Business Reorganization Act of 2019 (SBRA) became effective on the eve of the economic free fall stemming from the COVID-19 pandemic. Longleaf Law Partner’s bankruptcy law expert, Cindy G. Oliver, explains the new law in our 13-part series, Bankruptcy Buzz. Part 2 of 13: A small business debtor under the new Subchapter V of Chapter 11 can be an individual or an eligible business entity that engages in commercial or business activities unless the […]
Intro to the Small Business Reorganization Act (SBRA)
The Small Business Reorganization Act of 2019 (SBRA) became effective on the eve of the economic free fall stemming from the COVID-19 pandemic. Longleaf Law Partner’s bankruptcy law expert, Cindy G. Oliver, explains the new law in our 13-part series, Bankruptcy Buzz. Part 1 of 13: On August 23, 2019, the Small Business Reorganization Act of 2019 (SBRA) was signed into law and became effective on February 29, 2020. The SBRA created Subchapter V of Chapter […]
