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Chapter 11 Bankruptcy - The New Subchapter V Option - A Valuable Tool for Small Businesses

Total Credits: 1 including 1 Business Law - Technical

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Partner Produced |  Accounting and Auditing |  Practice Management
Greg J. Ekdahl, JD |  Todd Almassian, JD
Course Levels:
1 Hour
Access for 30 day(s) after program date.



Recently, a new section was added to the Bankruptcy Code that allows small businesses to file a unique form of bankruptcy known as a Subchapter V case. It provides a number of advantages to businesses and business owners that were not previously possible and allows a case to be completed in much less time, and at less expense than a traditional chapter 11. In many instances, a business can quickly streamline, restructure or shed untenable debt, while allowing the equity owners to remain in place. This is intended to give a CPA an understanding of this new law and how it might be a valuable tool for certain clients.

Basic Course Information

Learning Objectives
  • Participants will be able to recall the different types of bankruptcy, and which is best for their company or client.  

Major Subjects
  • Types of bankruptcy
  • Business Chapter 7
  • Chapter 11
  • Chapter 11 - The new subsection: Subchapter V
  • FAQs

Course Materials


Greg J. Ekdahl, JD Related seminars and products

Greg J. Ekdahl is a partner at Keller & Almassian and focuses his practice in the areas of Consumer and Corporate Bankruptcy. Greg is board certified in consumer bankruptcy and represents debtors, creditors and Trustees in Chapter 7, 11, 12 and 13 proceedings, and has extensive experience with the newly enacted Subchapter V Chapter 11 bankruptcy process. He has been featured as a speaker regarding bankruptcy issues.

Todd Almassian, JD Related seminars and products

Over the course of his career, Todd has developed extensive experience in bankruptcy-related matters. His diverse representation and understanding of all bankruptcy stakeholders provides the necessary context to manage bankruptcy litigation, broker deals, and navigate complex issues to achieve a net win for his clients. Todd also advises clients regarding out-of-court workouts and consults with creditors and debtors to best resolve their disputes.  He has served as an expert witness on both sides of the aisle in various insolvency matters and bankruptcy cases and is a frequent lecturer regarding the Bankruptcy Code. Todd serves as one of the panel mediators for the Western Michigan Bankruptcy Court.


Thu, Aug 19, 2021 - 04:00pm to 04:59pm EDT
Wed, Sep 22, 2021 - 12:00pm to 12:59pm EDT
Tue, Oct 26, 2021 - 09:00am to 09:59am EDT
Thu, Nov 11, 2021 - 02:00pm to 02:59pm EST
Tue, Dec 07, 2021 - 11:00am to 11:59am EST

Additional Info

Basic Course Information



Advanced Preparation


Designed For

CPAs from all size firms, business owners, CEOs, CFOs, Controllers and finance directors

Original Recording Date


Yellow Book


Course Developer


Date Added to Catalog


Additional Information

Complaint Resolution Policy

Please contact Anne Taylor for any complaints., (972-377-8199).

Official Registry Statement

Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:

Instructional Delivery Method

Group Internet Based

Course Registration Requirements

Online Registration

Refund/Cancellation Policy

Please contact the ACPEN help desk 1-877-602-9877 or if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.


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