KLF Law blog

Expanded Bankruptcy Rules “Could be a Lifeline to Small Businesses”

A change to Chapter 11 bankruptcy rules “could be a lifeline to small businesses,” and those rules have been recently expanded in response to the COVID-19 pandemic. Known as Subchapter 5, the new law opens up Chapter 11 bankruptcy to businesses that in the past had been too small to reorganize under that part of […]

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