Tag Archives: SBRA

Interim bankruptcy rules on the books in Massachusetts

By doug | Published: April 28, 2020

The bankruptcy judges in Massachusetts adopted the second set of changes to bankruptcy procedure rules this year, effective April 27, 2020. The compete set of rule changes can be read here. A bit of background: The creation of a new Small Business Reorganization Act in August, 2019 spurred a need for many small changes to […]

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Massachusetts adds local rules to implement new small business bankruptcy cases

By doug | Published: April 23, 2020

The Small Business Reorganization Act took effect in February of 2020, adding a streamlined Chapter 11 bankruptcy process for businesses with less than $7M in debt, and in April the bankruptcy court in Massachusetts issued some new local rules for handling these cases. Local rule 1002 -1 implements the requirement that the judge assigned to […]

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How does a discharge of debt under the Small Business Reorganization Act differ from an ordinary Chapter 11 discharge?

By doug | Published: April 14, 2020

With the Small Business Reorganization Act (SBRA) up and running as of February, 2020, Chapter 11 of the bankruptcy code now has two separate sections that offer corporate debtors (and a few individuals) a discharge of their debts. This is something of a new frontier in American bankruptcy law, as up to now each chapter […]

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