Partner Byron Moldo Authors Article on Subchapter V of the US Bankruptcy Code for GGI Global Alliance
Byron Z. Moldo, a Partner in ECJ’s Bankruptcy, Receivership and Creditors’ Rights Department, recently published “Subchapter V of the US Bankruptcy Code” in GGI Global Alliance’s Special Edition of Debt Collection, Restructuring & Insolvency News. The June 12, 2020 article takes a brief look at the recently enacted Subchapter V of the Bankruptcy Code, which “provides a more streamlined procedure for smaller businesses to seek relief similar to Chapter 11 but at reduced costs."
The article further highlights some of the qualifications for a company to file Subchapter V, including the temporary increase in debt limits as part of the CARES Act, as well as the key provisions in a traditional Chapter 11 case that have been removed.
This article was co-written by Leslie A. Berkoff, Partner with Moritt Hock & Hamroff LLP.
Click here to read the full article.
GGI (Geneva Group International) is a worldwide alliance of well-established and experienced accounting, consulting and law firms that are committed to providing clients with specialist solutions for their international business requirements. Its newsletter contains articles on current topics of interest written by experienced professionals from around the world.
