CARES Act Expands Eligibility Under the Small Business Reorganization Act: What Distressed Small Businesses and Their Creditors Should Know
The Coronavirus Aid, Relief and Economic Security (CARES) Act temporarily expands eligibility for “small businesses” to reorganize under Chapter 11 over creditor objection under a new law that streamlines Chapter 11 reorganizations Subchapter V modifies or eliminates many traditional Chapter…