Can You Convert Your Existing Chapter 11 to a Subchapter 5?

Uncategorized

in March (2020), a Bankruptcy Court in Michigan allowed a debtor who had filed for bankruptcy before the Small Business Reorganization Act of 2019 (SBRA) amendments, to proceed under Subchapter V of chapter 11. The judge’s opinion joins a growing set of decisions that hold that cases that are already proceeding in a “traditional” chapter 11 may elect to switch and proceed under the SBRA instead.

Vincent F. Heuser, Jr.
Hirsh and Heuser Attorneys
3600 Goldsmith Lane
Louisville, KY 40220
(502) 458-5879
http://www.hirshandheuser.com

Tags:

Leave a Reply

Your email address will not be published. Required fields are marked *