James Blake Bailey

Bradley Arant Boult Cummings LLP

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Latest Posts › CARES Act

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Individual Chapter 11 Cases Under New Subchapter V

IN BRIEF - • The current economic decline caused by the COVID-19 pandemic will result in a surge of debtors in need of bankruptcy protection. • Subchapter V to the rescue! Despite some burdens on debtors, the advantages...more

9/15/2020 / Bankruptcy Code , CARES Act , Chapter 11 , Commercial Bankruptcy , Coronavirus/COVID-19 , Debtors , Eligibility Determination , Small Business , Small Business Reorganization Act of 2019 (SBRA)

The Pros and Cons of the Small Business Reorganization Act of 2019

Effective February 19, 2020, Congress enacted new bankruptcy legislation granting debtors the option to elect a new subchapter V of chapter 11 of the bankruptcy code (Subchapter V). This was made possible by the bipartisan...more

8/7/2020 / Bankrtupcy Confirmation Plans , Bankruptcy Code , CARES Act , Chapter 11 , Commercial Bankruptcy , Debtors , Lenders , Reorganizations , Small Business , Small Business Reorganization Act of 2019 (SBRA)

Congress’ Third Major Coronavirus Legislation Makes Bankruptcy Relief for Potential and Current Individual Debtors Easier

On Friday March 27, 2020, President Trump signed into law the third major piece of coronavirus-related legislation in the last several weeks – the Coronavirus Aid, Relief, and Economic Security Act (CARES). The new law...more

4/3/2020 / Bankruptcy Code , CARES Act , Commercial Bankruptcy , Coronavirus/COVID-19 , Reorganizations

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