Small Business Reorganization Act (SBRA) and Subchapter V

will we see a wave of chapter 11 under this new subchapter rule?

The Small Business Reorganization Act shifts leverage in favor of the business owner in several key areas.

1) Under SBRA / Subchapter V, a business owner can confirm a plan of reorganization without the consent of any creditor.
2) Only the business owner (debtor) has the right to modify the restructuring plan post confirmation.
3) A small business owner has relief from the absolute priority rule.
4) SBRA / Subchapter V is significantly cheaper and faster, with fewer hurdles and fewer fees.