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SBRA Resources

The Small Business Reorganization Act of 2019 (SBRA), in effect as of February 19, 2020, was enacted to provide Main Street business debtors with a more streamlined path for restructuring their debts. 
In response to the economic distress caused by the COVID-19 coronavirus pandemic, the “Coronavirus Aid, Relief, and Economic Security Act” (CARES Act; P.L. 116-136) was enacted on March 27, 2020, increasing the eligibility limit for small businesses looking to file under SBRA's subchapter V from $2,725,625 of debt to $7,500,000. The threshold will return to $2,725,625 after 1 year.
ABI is pleased to provide our members with curated access to the education, analysis and news you need to know. The site will be updated regularly, so check back often.

Recent Events

One of the featured sessions of the Central States Bankruptcy Workshop on June 25 was a panel discussion on the Small Business Reorganization Act of 2019. Featured speakers included William S. Hackney of SmithAmundsen LLC (Chicago), Anthony J. Kochis of Wolfson Bolton PLLC (Troy, Mich.), Bankruptcy Judge Michael E. Ridgway (D. Minn.; Minneapolis) and Kesha Tanabe of Tanabe Law (Minneapolis). The archive video of the session is available for purchase at ABI's eLearning site, please click here.

Informative Videos

Select Presentations on SBRA from ABI Events

Understanding the Nuts and Bolts of the “New” Subchapter V


The panel will explore the new requirements for filing and confirming a small business case under the new Subchapter V of Chapter 11 of the Bankruptcy Code, which became effective on February 19, 2020, and will address the potential issues you and your clients are likely to confront in seeking to successfully effectuate a reorganization thereunder.

Tools to Navigate the Financial Crisis Related to COVID-19


A distinguished panel of experts deciphers recent federal bailout programs and developments. Discussions also center on how best to successfully navigate the liquidity issues arising in the wake of the COVID 19 pandemic.

For more informative videos on SBRA, please click here.

Bankruptcy Statistics

Subchapter V Filings By Month
Total Cases Filed 517 Period
February 82 (2/19-2/29)
March 122 (Full Month)
April 68 (Full Month)
May 114 (Full Month)
June 131 (Full Month)

For more detail and further analysis on subchapter V cases, please click here.

What SBRA Does

The below illustration provides a side-by-side comparison of the SBRA and prior bankruptcy law.

SBRA Infographic