The Small Business Reorganization Act of 2019 – An Overview of the New Subchapter V Bankruptcy


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Course Description

This program was recorded on April 30, 2021

With the passage of the Small Business Reorganization Act of 2019, distressed small businesses have a new option for reorganizing under the Bankruptcy Code - The Chapter 11 Subchapter V Bankruptcy. This course provides an overview of the basics of this new streamlined bankruptcy option for small businesses. Presented by a seasoned bankruptcy trustee with Subchapter V experience, learn about the benefits (and potential pitfalls) of this new option while walking through the ins and outs of this exciting new reorganization option.

Speaker Bio
1 General Credit
Course Agenda

Attorney Joshua W. CoxJoshua W. Cox
Josh enjoys both the intellectual challenge and the opportunity for advocacy in his work as counsel for trustees in Chapter 7 bankruptcy cases.

Josh represents Chapter 7 bankruptcy trustees in U.S. Bankruptcy Court for the District of Columbia, guiding and advising them as they try to maximize the value of distressed companies. In addition, Josh represents court-appointed receivers in federal and state court actions.

He advises clients on restructuring and insolvency issues, helping bankruptcy trustees administer estates and look for ways to provide recovery for creditors. He has written about jurisdiction and venue issues, and recently presented a continuing legal education program on objections to claims.

Contact Joshua W. Cox

Attorney Marc E. AlbertMarc E. Albert
Clients choose Marc for his exceptional understanding of bankruptcy proceedings, his outstanding communication skills, and his ability to drive multiparty negotiations.

Marc’s deep experience as an operating trustee for Chapter 7 and 11 cases, as well as his work as litigation counsel for the Tax Division of the Department of Justice, make him a uniquely qualified and trusted advisor for clients in bankruptcy and state and federal tax matters.

Known as an excellent communicator, Marc is a Chambers USA-rated attorney who brings a wealth of inside knowledge of the bankruptcy system to bear on behalf of his debtor, creditor, lender and committee clients. His work as a bankruptcy trustee and a receiver in state court cases, as well as his role as operating trustee for numerous multifamily real estate projects, provides him with an experienced perspective of how diverse cases play out.

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1 General Credit

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Course Agenda

  1. Introducing the Small Business Reorganization Act of 2019
  2. WHO Qualifies? Eligibility for Subchapter V Election
  3. WHY to Elect Subchapter V Status (and Why Not)
  4. Overview of a Subchapter V Case – Administrative Duties
  5. The Subchapter V Trustee
  6. The Chapter 11 Subchapter V Plan
  7. COVID-19 Related Legislation and Debt Limit Extensions
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