Small Business Reorganization Act of 2019

Wednesday, January 15, 2020

The Small Business Reorganization Act of 2019 (“SBRA”), enacted into law on August 23, 2019,  will become effective on February 19, 2020. The Court has adopted interim bankruptcy rules as drafted by Advisory Committee on Bankruptcy Rules (the “Interim SBRA Rules”) to address the substantive and procedural changes to the Bankruptcy Code under the SBRA. The Interim SBA Rules have an effective date of February 19, 2020 and shall remain in effect until further order of the Court. The Court has posted a copy of the redlined and clean version of the Interim SBRA Rules to its website, www.nmb.uscourts.gov, under the tab, Forms and Local Rules.