When franchisees choose to financially reorganize under the Bankruptcy Code, they may be the right size to choose to reorganize under subchapter V of Chapter 11. Subchapter V proceedings are simpler, ...

Introduced in 2019, Subchapter V of Chapter 11 of the Bankruptcy Code (11 U.S.C. Section 1181 et seq.) has been an invaluable tool for lawyers advising financially troubled small businesses. It ...

A Texas-based Crust Pizza franchisee filed for Chapter 11 bankruptcy protection to reorganize its two restaurant locations.

​Vanguard Surgical LLC, a medical and surgical practice based in Louisville, Kentucky, enters bankruptcy.​ ...

Creditors navigating the challenges of Subchapter V bankruptcy proceedings must understand their rights, strategies for protecting their interests, and remedies for addressing debtor misconduct.

The COVID-19 pandemic is wreaking havoc on small businesses, and many are struggling to stay open. While unfortunately some have been forced to close their doors, those sustainable yet struggling ...

NEW YORK, March 05, 2026 (GLOBE NEWSWIRE) -- Small business filings, captured as Subchapter V elections within Chapter 11, increased 91% in February 2026 to 314, up from 164 the previous year, ...

Thousands of businesses may see one of their options to shed debt closed off in the coming weeks. Small businesses will be left without a useful Covid-era bankruptcy tool when it expires in the coming ...

​Immaculate Detail LLC, an automotive and vehicle protection service based in Prescott, Arizona, enters bankruptcy.​ ...