Small Business Reorganization Act of 2019
Judge Paul Bonapfel authored a summary of the recently enacted Small Business Reorganization Act of 2019 which he has given permission to us to share with the bankruptcy bar which you will find useful and informative. Click here to read the summary. The new Section V of Chapter 11 of the Bankruptcy Code goes into effect on February 19, 2020. The United States Trustee program is currently developing rules and procedures concerning implementation of the new legislation. You will be notified as soon as those procedures become available.