Trinitee Green News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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A little over one year ago, just as the country was heading
into a period of unprecedented turbulence caused by the COVID-19
pandemic, the Small Business Reorganization Act (SBRA) went into
effect on February 19, 2020. Before SBRA, struggling businesses
considering bankruptcy had two options: Chapter 7 or Chapter
11. SBRA provides an additional option to businesses seeking
to reorganize by adding Subchapter V to the Bankruptcy Code, which
affords small business debtors the option of pursuing Chapter 11
restructuring under laws and rules of (a) traditional
Chapter 11, or (b) Subchapter V. ....

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