SUBCHAPTER V OF CHAPTER 11: WHAT CREDITORS NEED TO KNOW

WEBINAR

Presenter: Samuel Wisotzkey, an attorney with Kohner, Mann & Kailas, S.C.

Subchapter V of Chapter 11 provides specific rules for the reorganization of Small Businesses that differ in many important ways from the usual Chapter 11 reorganization.  The timelines to propose and confirm a plan of reorganization are substantially shortened, so creditors must be aware of these new rules to promptly and adequately protect their rights when a customer or vendor files a case under Subchapter V.  This webinar will address several important issues surrounding Subchapter V, including:

• What eligibility requirements, including debt limits, apply for a Debtor to qualify as a Small Business under Subchapter V?
• What is the role of the Subchapter V trustee, and how should a Creditor interact with the Trustee?
• Can a Small Business Debtor pay administrative claims over time, unlike in a regular Chapter 11 case?
• What key provisions should a Creditor look for in the Model Subchapter V Plan?
• What Chapter 11 rules haven’t changed in a Subchapter V case that a Creditor needs to keep in mind?

WEBINAR

July 28, 2022

9:00 a.m. – 10:00 a.m. CT

ATTENDANCE FEE:

$65 BCMA/WCA Members

$79 all others