Small Business Reorganization Act (SBRA)

This panel will examine what's involved in getting a subchapter V case across the finish line, starting with best practices for debtors as attorneys position their clients to confirm their plans. The panelists will specifically explore putting together projections and liquidation analyses, the weapons creditors have in their arsenal (including the § 1111(b) election), and the role of subchapter V trustees.

The Small Business Reorganization Act of 2019 was heralded as one of the most important pieces of bankruptcy legislation passed since BAPCPA in 2005. Has the SBRA been widely and effectively used? What important current case law issues exist? Is the SBRA here to stay? Will the $7.5 million debt limit be a permanent change? The panelists will explore these questions and more.

2021 kicks off a new version of the Broken Bench program: Jeopardy Host, Chief Judge Pamela Pepper, will challenge contestants Judge Cate Furay, Professor Nancy Rapoport, and Demetra Liggins with educational and fun questions. The Jeopardy categories will include:

• Famous Debtors,
• Bricks & Mortar,
• Supremely Strange,
• Sex & Religion, and
• Covid-19.

The SBRA has been in effect for a year, and for most of that time it has been operating on an increased debt limit of $7.5 million due to the pandemic. How is the SBRA currently being used, what issues have arisen, and has it been effective overall for restructuring small businesses?

Hosted by ABI's Mediation Committee
Subchapter V trustees, who are likely to be lawyers, accountants or financial advisors, often don't have any formal training in facilitation. This webinar, featuring subchapter V trustees, lawyers and a retired judge with years of experience in bankruptcy and mediation, will cover the fundamentals of facilitation — including its purpose — and basic skills trustees may wish to employ in their work.