Spencer Fane LLP Logo

Rod Nichols Provides Insight on SBRA in SBJ Interview

Spencer Fane attorney Rod Nichols was recently interviewed for an article featured in the Springfield Business Journal analyzing the Small Business Reorganization Act (SBRA).

Titled “Small Business, Big Debt: SBRA allows more efficient Chapter 11 bankruptcies,” the article outlines the SBRA’s impact on small businesses, specifically during the COVID-19 pandemic.

“I think the SBRA is going to be used by a substantial number of small businesses that fall below the debt limit because it is an attractive option for a Chapter 11 debtor,” Rod explained in the article. “It’s easier to get a plan confirmed; it’s more efficient. The overwhelming majority of debtors are going to opt to proceed under the SBRA.”

To read the full article, please click here.  Please note, a subscription may be required.