Subchapter V has become a cost-effective bankruptcy lifeline for a business reboot

A group of mid-western businesses comment on their unique ability to reorganize under Subchapter V of the Bankruptcy Code in accordance with its intended goal to allow small business owners to retain control of a reorganizing company.  Drafters of the new law effected much needed tweaks to the chapter 11 process, an endeavor that has proved to be an emerging lifeline.