Subchapter V Changed The Chapter 11 Bankruptcy Landscape - How Should Creditors Protect Their Interests?
Credit Research Foundation 1Q 2022 Credit & Financial Management Review
Special counsel Jennifer Raviele authored “Subchapter V Changed The Chapter 11 Bankruptcy Landscape – How Should Creditors Protect Their Interests?” The article discusses how Subchapter V was intended to be the faster, easier, and cheaper version of Chapter 11 bankruptcy, allowing small “Main Street” businesses to reorganize like mid-size and large companies. After participating in Subchapter V cases for two years, the author highlights the changes to Chapter 11 that impact creditors, practical implications, and possible strategies creditors should consider to protect their interests when a debtor elects Subchapter V.
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