Join our attorneys Gregory M. Taube, George B. Cauthen, and Jonah Samples, and Cardell McKinstry of Aprio as they discuss financial and legal considerations for manufacturers in a webinar hosted by Next Generation Manufacturing. The event is open to executives, senior management, and directors of manufacturing companies.

Discussion topics include considerations for:

• Why and how the Small Business Reorganization Act came to be and how it has been expanded in the wake of the COVID-19 pandemic
• How Subchapter V may be a lifeline for small businesses who would usually not be suited for traditional restructuring and an overview of the restructuring process
• Key differences between restructuring under Subchapter V and more-traditional options that make Subchapter V restructuring both cheaper and more efficient
• Remaining questions and possible pitfalls for a Subchapter V proceeding that a business considering Subchapter V needs to know
• Forgiveness of debt may trigger taxable cancellation of debt income (CODI)
• Tax attributes may become limited after a bankruptcy or reorganization
• Not all tax debts are discharged in bankruptcy