The Small Business Reorganization Act (SBRA), enacted in 2020, codified Subchapter V of Chapter 11 of the U.S. Bankruptcy Code. Subchapter V was enacted to provide a more efficient and affordable process for small businesses...more
On March 1, 2024, a federal district court in Alabama entered a final declaratory judgment, finding the Corporate Transparency Act (CTA) unconstitutional and enjoining the Department of the Treasury and Financial Crimes...more
As the calendar turns to autumn, the United States Supreme Court (“SCOTUS”) is commencing its new term and preparing to address a monumental issue that will impact chapter 11 law and the mass tort system: the permissibility...more
10/18/2023
/ Balance Sheets ,
Bankruptcy Code ,
Certiorari ,
Chapter 11 ,
Co-Defendants ,
Commercial Bankruptcy ,
Debtors ,
Department of Justice (DOJ) ,
Dischargeable Debts ,
Mass Tort Litigation ,
Non-Consensual Rights ,
Opioid ,
Purdue Pharma ,
Reorganizations ,
SCOTUS ,
Third-Party
The cashless ban aims to support over 100,000 unbanked Detroit residents. The ordinance was enacted by the City Council on June 13, 2023 and is effective on September 11, 2023.
While there is no existing federal law...more