Small Business Reorganization Act of 2019

Tuesday, April 14, 2020

 

On August 23, 2019, Congress enacted and President Trump signed into law the Small Business Reorganization Act of 2019.  The effective date of the new “Subchapter V” is February 19, 2020.  The provisions of the new law will be found under Subchapter V of Chapter 11 of the Bankruptcy Code, sections 1181 through 1195.