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Bloomberg Law Quotes Robert Keach on Expanded Access to Small Business Reorganization
Bloomberg Law
Verrill attorney Bob Keach was recently featured in Bloomberg Law, discussing legislation that would raise debt limits for bankruptcy relief and expand eligibility for Subchapter V reorganization.
Bob noted that Subchapter V addressed the problem that many small and lower-middle-market businesses avoided bankruptcy because traditional Chapter 11 options were not practical or effective for them. “The biggest development here is it gives a proven viable option for small businesses to reorganize quickly and cheaply and emerge,” he told Bloomberg Law.
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