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Subchapter V Small Business Reorganizations: What Creditors and Debtors Need to Know

Content Provider
American Law Institute CLE
Product
CLE
Run Time
92 Minutes
Recording Date
10/26/2023
Presenter(s)
James E. Cross, Linda Leali, Joseph E. Cotterman
Learning Method
On-Demand Training
Practice Area
Bankruptcy Law, Corporate and Business Law
Persona
CLE OnDemand

Price $259.00

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Description

Bankruptcy filings have been steadily rising since July 2022 and analysts forecast the same for 2024. In these challenging and uncertain economic times small to mid-size businesses seek resources - including bankruptcy - for quick and economical debt management options. But traditional chapter 11 bankruptcy may be out of reach for some struggling businesses.
As counsel to small and mid-sized businesses you should be positioned to advise them on Subchapter V bankruptcy, a faster and cost-effective reorganization option for indebted businesses. This newer bankruptcy option is the focus of this upcoming live ALI CLE video webcast. Register today and learn how to prepare clients for subchapter V reorganization, trending judicial eligibility requirements for this new bankruptcy option, and more!
Learn when Subchapter V will work for you client, understand how creditor rights are affected by subchapter V and more during this comprehensive 90-minute video presentation outlining:
- Who qualifies for subchapter V?
- What are the pro’s and con’s of reorganizing
- Understanding the expedited process
- Subchapter V advantages over traditional chapter 11 reorganizations

Literature

State Status Total Credits Type Of Credit Approved Thru
AlabamaApproved1.50General12/31/2024
AlaskaApproved1.50GeneralOn-going
ArizonaApproved1.50GeneralOn-going
ArkansasApproved1.50GeneralOn-going
CaliforniaApproved1.50Participatory10/26/2028
ColoradoApproved2.00General12/31/2025
ConnecticutApproved1.50GeneralOn-going
DelawareApproved1.50General10/25/2025
FloridaApproved2.00General07/31/2025
GeorgiaApproved1.50General12/31/2024
HawaiiApproved1.50General10/26/2025
IdahoApproved1.50General10/26/2028
IllinoisApproved1.50General12/05/2025
IndianaApproved1.50General01/25/2025
IowaApproved1.50General10/25/2024
KansasApproved1.50General01/07/2025
LouisianaApproved1.50General12/21/2024
MaineApproved1.50General02/15/2026
MinnesotaApproved1.50General12/27/2025
MississippiApproved1.50General12/21/2024
MissouriApproved1.80GeneralOn-going
MontanaApproved1.50General10/26/2026
NebraskaApproved1.02General10/26/2025
NevadaApproved1.50General12/31/2027
New HampshireApproved1.50General10/25/2026
New JerseyApproved1.50GeneralOn-going
New MexicoApproved1.50General10/25/2028
New YorkApproved1.50SkillsOn-going
North DakotaApproved1.50General10/26/2026
OhioApproved1.50General12/31/2024
OklahomaApproved2.00General12/31/2024
OregonApproved1.50General10/25/2026
PennsylvaniaApproved1.50General12/07/2025
Puerto RicoApproved1.53General02/04/2025
Rhode IslandApproved1.50General06/30/2025
South CarolinaApproved1.53General12/31/2024
TennesseeApproved1.53General12/07/2024
TexasApproved1.50General12/31/2024
UtahApproved1.50General12/31/2024
VermontApproved1.50GeneralOn-going
VirginiaApproved1.50General10/31/2024
WashingtonApproved1.50General10/25/2028
West VirginiaApproved1.84GeneralOn-going
WisconsinApproved1.50GeneralOn-going
WyomingApproved1.50General12/21/2024

Speakers