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.
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