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CREDIT SKILLCON '21
The Small Business Reorganization Act: What it Means to the Credit Grantor
A/R Frauds and Laws Bankruptcy
Watch this tutorial to learn about latest revisions made in SBRA and how to secure your receivables while dealing with small businesses.
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  • Lesson Overview

The Small Business Reorganization Act (SBRA), signed into law on August 23, 2019, became effective on February 19, 2020. The SBRA created a new Subchapter V of Chapter 11 which is meant to streamline the chapter 11 process for small businesses and reduce the prohibitive costs of reorganizing a debtor.

As a result of the COVID pandemic, the SBRA was revised by the CARES Act (Coronavirus Aid, Relief and Economic Security Act) to permit small businesses with no more than $7,500,000 in secured and unsecured debt to file under the SBRA.

This program will present an overview of the SBRA, its revisions and include the points of most importance to the trade creditor who does business with these small businesses. The points to be discussed include:

1.  Appointment and duties of a trustee
2.  Small business reorganization plan and disclosure statement
3.  Elimination of Absolute Priority Rule
4.  Due diligence requirement for preference actions

Wanda Borges · Member at Borges and Associates, LLC
Wanda is an experienced attorney concentrating her practice in the fields of commercial litigation and corporate creditors rights in corporate bankruptcies. She also provides educational programs for professional organizations such as the National Association of Credit Management, RiemerPlus Cantalupo and Sherman, Commercial Law League of America, and various bar associations.
CURRICULUM

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The Small Business Reorganization Act: What it Means to the Credit Grantor

Watch this tutorial to learn about latest revisions made in SBRA and how to secure your receivables while dealing with small businesses.

Course Overview 60 Mins (Show All)

Business Bankruptcy History | Trade Creditor's Guide (~05 Mins)

History and Purpose of Business Bankruptcy Filings
Business Bankruptcy Chapter 11 Proceedings | Quick Refresher
Summary of a Successful Traditional Chapter 11 Proceeding

Small Business Reorganization Act Formation (~05 Mins)

What Led to the Small Business Reorganization Act?
Aid to Small Business- Boon or Bane for Trade Creditors?

Small Business Reorganization Act Under BAPCPA (~10 Mins)

What are Small Business Provisions Under BAPCPA
Small Business Cases Under BAPCPA and Requirements
Flexible Rules for Plan and Disclosure Statement

2019 Bankruptcy Code Amendments (~05 Mins)

Did BPACPA Really Help Small Businesses
What did 2019 Amendments do to Small Business Chapter 11
Family Farmer Relief Act Basic Provisions ( A Guide Specific to Agricultural Businesses)

Small Business Reorganization Act | A Detailed Overview (~10 Mins)

What is Small Business Reorganization Act
Functions of Small Business Reorganization Act
Sub-Chapter V Provisions for Status Conference and Report

Plan and Confirmation in Traditional Chapter 11 Proceedings (~08 Mins)

Traditional Chapter 11 Restructuring - Plan
Traditional Chapter 11- Process
Disclosure Statement in a Traditional Chapter 11
Approval Process, Confirmation & Post- Confirmation Modifications in Traditional Chapter 11

Plan and Confirmation in Sub-Chapter V Small Business Chapter 11 (~07 Mins)

Sub-Chapter V Small Business Case Plan Filing and Content
Effects of CARES Act on SBRA | A Brief Explainer
Disclosure Statement and New Interim Rule in SBRA
Confirmation & Post- Confirmation Modifications
Standing Trustee Role on Consensual and Non-Consensual Plan

Miscellaneaous Provisions of Sub-Chapter V of Interest to Trade Creditors (~02 Mins)

Other Provisions Under Sub-Chapter V Small Business of Chapter 11

Additional Changes to Bankruptcy Code Affected by CARES Act (~05 Mins)

CARES Act Changes to SBRA and Preference Law
The Small Business Reorganization Act: What it Means to the Credit Grantor optional

About this course

promoImage
description
lessonOverview

The Small Business Reorganization Act (SBRA), signed into law on August 23, 2019, became effective on February 19, 2020. The SBRA created a new Subchapter V of Chapter 11 which is meant to streamline the chapter 11 process for small businesses and reduce the prohibitive costs of reorganizing a debtor.

As a result of the COVID pandemic, the SBRA was revised by the CARES Act (Coronavirus Aid, Relief and Economic Security Act) to permit small businesses with no more than $7,500,000 in secured and unsecured debt to file under the SBRA.

This program will present an overview of the SBRA, its revisions and include the points of most importance to the trade creditor who does business with these small businesses. The points to be discussed include:

1.  Appointment and duties of a trustee
2.  Small business reorganization plan and disclosure statement
3.  Elimination of Absolute Priority Rule
4.  Due diligence requirement for preference actions
instructor
name title image description
Wanda Borges Member at Borges and Associates, LLC Wanda is an experienced attorney concentrating her practice in the fields of commercial litigation and corporate creditors rights in corporate bankruptcies. She also provides educational programs for professional organizations such as the National Association of Credit Management, RiemerPlus Cantalupo and Sherman, Commercial Law League of America, and various bar associations.
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