Both franchisees and franchisors in the restaurant industry have weathered tumultuous times due to the economic consequences of COVID-19. Franchisors faced hurdles such as having to reduce or eliminate royalties for...more
The Small Business Reorganization Act of 2019 (SBRA) was signed into law in August 2019 and will go into effect on February 19, 2020. The goal of the SBRA is to make small business bankruptcies faster and less expensive....more
2/11/2020
/ Bankruptcy Plans ,
Bankruptcy Reform ,
Chapter 11 ,
Commercial Bankruptcy ,
Debtors ,
New Legislation ,
Reorganizations ,
Secured Debt ,
Small Business ,
Small Business Reorganization Act of 2019 (SBRA) ,
Unsecured Debt