Blogs > Biz Law Blog

Apr 13, 2020

Small Business Reorganization Act: The Vaccine for Small Businesses Suffering From the COVID-19 Pandemic

Timing is everything. On February 19, 2020, the Small Business Reorganization Act (SBRA), which added a new subchapter to the United States Bankruptcy Code, became effective. Commonly referred to as Subchapter V, the SBRA was enacted in an effort to reduce the cost and expense of small business bankruptcy reorganizations.» Read More

Mar 18, 2020

COVID-19 Is Destroying Our Economy, Don’t Let It Destroy Your Businesses

As we all practice social distancing to avoid the spread of COVID-19, businesses cannot escape the economic impact of the pandemic. With an economic recession on the horizon, the depths of which cannot be fathomed, it is crucial that businesses act proactively to address their obligations owed to creditors.» Read More