Our managing partner, Jack Rose, spoke at the Commercial Law League of America’s 130th National Convention in Chicago. His panel - “The New Day of Real Estate: How the Market Reset is Impacting Bankruptcy Law” - examined the ongoing volatility of the real estate market, highlighting trends to look for within the struggling office market across major cities including New York City, San Francisco, Chicago, St. Louis and others. The discussion also revealed how to do workouts in an evolving lending environment and how to evaluate whether filing bankruptcy is the best course of action. Jack also moderated a later panel discussion – “Four Years of the SBRA: How is it Working?” This panel re-examined the Small Business Reorganization Act, enacted four years ago, in a discussion focused on the post-Covid market, particularly focusing on how Subchapter V might work better for small businesses – how creditors view the Subchapter V experience – and what Subchapter V trustees have learned about their roles in these cases.