Bankruptcy and Creditors' Rights
Congress Passes Three Acts Amending the Bankruptcy Code
On August 26, 2019, the President signed three Acts amending Title 11 of the United States Code (the Bankruptcy Code): the Family Farmer Relief Act of 2019 (“FFRA”), the Honoring American Veterans in Extreme Need Act of 2019 (“HAVEN Act”), and the Small Business Reorganization Act of 2019 (“SBRA”). The changes wrought by the FFRA and the HAVEN Act are fairly straight forward. The SBRA, however, has left some practitioners wondering what impact the new law will have.