Earlier this year, the Small Business Reorganization Act (SBRA), which focuses on making Chapter 11 a more affordable and streamlined option for small-business owners, became effective. It provided for an entirely new type of reorganization bankruptcy. In addition, the recently enacted CARES Act greatly increased the range of companies and individuals that could take advantage of this streamlined bankruptcy process.
The K&C Bankruptcy, Creditors’ Rights & Business Restructuring Team attorneys Dustin DeVore, Dennis Lewandowski and Jeffrey Marks guided us through the new bankruptcy law and its effect on credit unions. They also covered many of the bankruptcy problems commonly encountered by credit unions and how to solve them.
You can view the recorded webinar here.