Subchapter V in the COVID-19 Era

Sponsored by Genovese Joblove & Battista, PA

This panel explores the development of subchapter V bankruptcies during their first year of existence, a.k.a. the COVID-19 era. The panelists first perform a brief review of subchapter V bankruptcy cases and the ways in which they differ from standard chapter 11 cases. The panel then discuss issues relating to CARES Act funding in subchapter V cases and explore various hot issues in subchapter V, such as the aggregation of debts among affiliates. Finally, the panelists discuss “anomaly” filings and attempts by seemingly ineligible companies to obtain relief under subchapter V.