small business case

Definition of "small business case"
  1. A unique Chapter 11 bankruptcy case with heightened US trustee oversight due to a lacking or inactive creditors' committee that includes measures to shorten the debtor's bankruptcy duration
How to use "small business case" in a sentence
  1. In a small business case, the lack of a creditors' committee resulted in increased attention from the U.S. trustee.
  2. The small business case was expedited due to provisions reducing the bankruptcy duration.
  3. Under Chapter 11, a small business case is differentiated by increased U.S. trustee oversight.

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