As discussed in prior posts and articles (here, here and here), in 2019 Congress passed the Small Business Reorganization Act creating new Subchapter V of Chapter 11 of the Bankruptcy Code. The purpose of Subchapter V was to make small business bankruptcies faster and less expensive. However, the substantial benefits of Subchapter
William L. Norton
Bill Norton focuses his practice in the business bankruptcy area, dealing in all aspects of bankruptcy cases, creditor rights and insolvency. He first became familiar with the bankruptcy law from his Dad who was a noted scholar and Bankruptcy Judge in Atlanta, Georgia. Bill went to Vanderbilt Law School intending to practice in bankruptcy law and has done so since 1984. Over more than 30 years of practice of bankruptcy and insolvency law, Bill has represented just about every kind of client interest you can expect in bankruptcy cases. His main focus now is Chapter 11 business cases – representing debtors, secured creditors, unsecured creditors, committees and trustees.
Supreme Court Holds That an Order on a Motion for Relief from Stay Is a Final, Appealable Order
In a unanimous opinion released last week, the Supreme Court provided guidance as to how to determine the finality of an order in a bankruptcy case for purposes of an appeal under 28 U.S.C. § 158(a). The Court held that the adjudication of a creditor’s motion for relief from stay is properly considered a discrete…