Skip to main content
Enter a keyword
  • Login
  • Home

    Main navigation

    Menu
    • US Law
      • Chapter 15 Cases
    • Regions
      • Africa
      • Asia Pacific
      • Europe
      • North Africa/Middle East
      • North America
      • South America
    • Headlines
    • Education Resources
      • ABI Committee Articles
      • ABI Journal Articles
      • Covid 19
      • Conferences and Webinars
      • Newsletters
      • Publications
    • Events
    • Firm Articles
    • About Us
      • ABI International Board Committee
      • ABI International Member Committee Leadership
    • Join
    Why Unsecured Creditor Committees Matter
    2020-04-06
    • Committee selects legal counsel to recover debt
    • Legal counsel oversees the day-to-day management of the case
    • All committee expenses, including legal fees, are the responsibility of the bankruptcy estate

    One of the many unfortunate realities of the current economic situation is the likelihood of a sharp uptick in bankruptcies in the oil and gas industry. As more mid-size and large businesses begin to file Chapter 11 bankruptcy you will likely hear more about unsecured creditor committees.

    Filed under:
    USA, Insolvency & Restructuring, Litigation, Womble Bond Dickinson (US) LLP
    Authors:
    Matthew P. Ward
    Location:
    USA
    Firm:
    Womble Bond Dickinson (US) LLP
    New Law Makes Chapter 11 Bankruptcy An Attractive Option for Small Businesses in Distress
    2020-04-06

    On February 19, 2020, the Small Business Reorganization Act went into effect. The purpose of the new law is to offer an alternative, more streamlined path in chapter 11 reorganizations for small business debtors (including sole proprietorships). When the new law was passed, the only small business debtors eligible to file were those having less than $2,725,625 in debt, at least 50% of which arose from business activities. The Coronavirus Stimulus Bill changed that by increasing the limit to $7.5 million.

    Filed under:
    USA, Insolvency & Restructuring, Robbins DiMonte Ltd, Coronavirus, US Department of Justice, Title 11 of the US Code
    Authors:
    Steve Jakubowski , Ariel B. Cutts
    Location:
    USA
    Firm:
    Robbins DiMonte Ltd
    Breaking Down the 2019 Small Business Reorganization Act
    2020-04-02

    The federal government made bankruptcy a viable option for small businesses with the passage of the Small Business Reorganization Act of 2019 (SBRA). The act, which became effective Feb. 19, is designed for smaller businesses that cannot afford the high administrative fees and costs associated with traditional Chapter 11 reorganizations.

    Filed under:
    USA, Insolvency & Restructuring, Phelps Dunbar LLP, Coronavirus, CARES Act 2020 (USA)
    Authors:
    Danielle Mashburn-Myrick , Patrick "Rick" M. Shelby
    Location:
    USA
    Firm:
    Phelps Dunbar LLP
    Streamlined Chapter 11 Proceedings Now Available to a Broader Range of Debtors After CARES Act Expands SBRA Eligibility
    2020-04-03

    Barely a month after Bankruptcy Code amendments providing a cheaper, more efficient path to chapter 11 relief for small businesses took effect under the Small Business Reorganization Act of 2019 (“SBRA”), Congress has nearly tripled the debt-eligibility threshold from roughly $2.7 to $7.5 million in response to economic fallout from the COVID-19 shutdown.

    Filed under:
    USA, Insolvency & Restructuring, McGuireWoods LLP, Coronavirus, Title 11 of the US Code, CARES Act 2020 (USA)
    Authors:
    John H. Thompson
    Location:
    USA
    Firm:
    McGuireWoods LLP
    What Small Businesses Need to Know About Restructuring Under Subchapter V and the CARES Act
    2020-04-03

    On February 19, the Small Business Restructuring Act (SBRA) — the most significant change to the Bankruptcy Code in 15 years — went into effect. The SBRA, also known as Subchapter V of Chapter 11, removed numerous barriers that had long prevented small businesses from reorganizing in bankruptcy. On March 27, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) went a step further and significantly expanded eligibility under Subchapter V by raising the debt limit from $2.7 million to $7.5 million. This overview answers key questions about how these new laws work.

    Filed under:
    USA, Insolvency & Restructuring, Troutman Pepper, Coronavirus, CARES Act 2020 (USA)
    Authors:
    Deborah Kovsky-Apap
    Location:
    USA
    Firm:
    Troutman Pepper
    The Katz Principle Resurgent: State Sovereign Immunity Remains Abrogated in Bankruptcy
    2020-04-03

    State governments can be creditors of individuals, businesses and institutions that are debtors in bankruptcy in a variety of ways, most notably as tax and fine collectors but also as lenders. They can also be debtors of debtors, in their role, for example, as the purchasers of vast quantities of goods and services on credit. And they can also be transferees of a debtor’s property in (at least) every role in which they can be creditors.

    Filed under:
    USA, Insolvency & Restructuring, Litigation, Patterson Belknap Webb & Tyler LLP, Title 11 of the US Code, Supreme Court of the United States
    Authors:
    David W. Dykhouse
    Location:
    USA
    Firm:
    Patterson Belknap Webb & Tyler LLP
    Navigating Discounted Debt Repurchases
    2020-04-03

    As markets react to the Coronavirus Disease 2019 (COVID-19) pandemic, the trading prices of loans and notes have declined. In light of these developments, borrowers and their affiliates, including private equity sponsors, are considering whether to buy back outstanding debt at a discount. In analyzing the potential benefits and drawbacks of pursuing debt repurchases, borrowers and private equity sponsors should consider the following:

    Outstanding Debt Documents

    Filed under:
    USA, Banking, Company & Commercial, Corporate Finance/M&A, Insolvency & Restructuring, Litigation, Fried Frank Harris Shriver & Jacobson LLP, Corporate governance, Private equity, Coronavirus
    Authors:
    Lee T. Barnum , Neil Caddy , Kathryn Cecil , Ryan L. Conley , Joseph E. Fox , Jons F Lehmann , Meredith L. Mackey , Hana Nah , J. Christian Nahr , Alexander J. Panisch , Carole J. Rosenberg , Ezra Schneck , Eli Weiss
    Location:
    USA
    Firm:
    Fried Frank Harris Shriver & Jacobson LLP
    When Financial Stress Turns to Distress-Restructuring Tools to Avoid Disaster Parts 1 and 2: Chapter 11 Checklist and What Else Is in the Toolbox
    2020-04-01

    When Financial Stress Turns to Distress–Restructuring Tools to Avoid Disaster

    Parts 1 and 2: Chapter 11 Checklist and What Else Is in the Toolbox

    Filed under:
    USA, Employment & Labor, Insolvency & Restructuring, Lowenstein Sandler LLP, Bankruptcy, Coronavirus, Title 11 of the US Code
    Authors:
    Kenneth A. Rosen , Bruce D. Buechler , Jeffrey Cohen , Jeffrey D. Prol , Andrew David Behlmann , Eric Chafetz , Joseph J. DiPasquale , Michael S. Etkin , Robert M. Hirsh , Wojciech F. Jung , Bruce S. Nathan , Mary E. Seymour
    Location:
    USA
    Firm:
    Lowenstein Sandler LLP
    Minnesota Governor Restricts Debt Collectors from Working in the Office
    2020-04-01

    On March 27, Minnesota Gov. Tim Walz clarified that Executive Order 20-20, which directed Minnesota residents to stay at home, applies to debt collection professionals. Due to ongoing coronavirus (“COVID-19”) concerns, Executive Order 20-20, which will remain in effect until April 10, 2020, orders all persons living in the State of Minnesota to stay at home except to engage in exempted activities and critical sector work.

    Filed under:
    USA, Banking, Capital Markets, Company & Commercial, Employment & Labor, Insolvency & Restructuring, Troutman Pepper, Cybersecurity, Coronavirus
    Authors:
    Jessica Lohr , Ethan G. Ostroff
    Location:
    USA
    Firm:
    Troutman Pepper
    To Supply or Not Supply Goods: Credit Risks and Remedies in Uncertain Times
    2020-04-02
    • The COVID-19 pandemic has shifted the underwriting analysis for suppliers and creditors from customer-specific financial review to global health and macroeconomic analyses that are outside of the comfort zone of most company credit managers.
    • Credit managers have seen their customers in long-thriving industries (e.g., travel, hospitality, entertainment) face a sharp and sudden loss of revenue.
    Filed under:
    USA, Insolvency & Restructuring, Litigation, Holland & Knight LLP, Coronavirus
    Authors:
    John J. Monaghan , Lynne B. Xerras
    Location:
    USA
    Firm:
    Holland & Knight LLP

    Pagination

    • First page « First
    • Previous page ‹‹
    • …
    • Page 314
    • Page 315
    • Page 316
    • Page 317
    • Current page 318
    • Page 319
    • Page 320
    • Page 321
    • Page 322
    • …
    • Next page ››
    • Last page Last »
    Home

    Quick Links

    • US Law
    • Headlines
    • Firm Articles
    • Board Committee
    • Member Committee
    • Join
    • Contact Us

    Resources

    • ABI Committee Articles
    • ABI Journal Articles
    • Conferences & Webinars
    • Covid-19
    • Newsletters
    • Publications

    Regions

    • Africa
    • Asia Pacific
    • Europe
    • North Africa/Middle East
    • North America
    • South America

    © 2025 Global Insolvency, All Rights Reserved

    Joining the American Bankruptcy Institute as an international member will provide you with the following benefits at a discounted price:

    • Full access to the Global Insolvency website, containing the latest worldwide insolvency news, a variety of useful information on US Bankruptcy law including Chapter 15, thousands of articles from leading experts and conference materials.
    • The resources of the diverse community of United States bankruptcy professionals who share common business and educational goals.
    • A central resource for networking, as well as insolvency research and education (articles, newsletters, publications, ABI Journal articles, and access to recorded conference presentation and webinars).

    Join now or Try us out for 30 days