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Bankruptcy Venue Reform Act of 2021

USA117th CongressHR-4193| House 
| Updated: 11/1/2022
Zoe Lofgren

Zoe Lofgren

Democratic Representative

California

Cosponsors (16)
Michael C. Burgess (Republican)Jared Huffman (Democratic)Ashley Hinson (Republican)Karen Bass (Democratic)Lance Gooden (Republican)Ken Buck (Republican)Lucille Roybal-Allard (Democratic)Ted Lieu (Democratic)Greg Stanton (Democratic)Jim Cooper (Democratic)Anna G. Eshoo (Democratic)Dan Bishop (Republican)Kathy Castor (Democratic)Joe Neguse (Democratic)Mike Thompson (Democratic)Ed Perlmutter (Democratic)

Administrative State, Regulatory Reform, and Antitrust Subcommittee, Judiciary Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Bankruptcy Venue Reform Act of 2021 This bill limits where a non-individual debtor (e.g., a corporate debtor) may file for bankruptcy. Specifically, these debtors must file in the district court for the district in which the principal place of business or principal assets of the debtor are located. Such a debtor may also file in a district where there is a pending bankruptcy case concerning an affiliate that has a certain level of control or ownership of the debtor (e.g., if the affiliate is a controlling shareholder of the debtor), if that pending case is in a proper venue under this bill. Under current law, these debtors may also file where they are domiciled (i.e., incorporated) or where there is a bankruptcy case pending concerning an affiliate, general partner, or partnership. For certain debtors who are issuers of securities, their principal place of business is defined in the bill as the address of the entity's principal executive office as provided in specified Securities and Exchange Commission filings.
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Timeline

Bill from Previous Congress

HR 116-4421
Bankruptcy Venue Reform Act of 2019
Jun 28, 2021
Introduced in House
Jun 28, 2021
Referred to the House Committee on the Judiciary.
Sep 23, 2021

Latest Companion Bill Action

S 117-2827
Introduced in Senate
Nov 1, 2022
Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
  • Bill from Previous Congress

    HR 116-4421
    Bankruptcy Venue Reform Act of 2019


  • June 28, 2021
    Introduced in House


  • June 28, 2021
    Referred to the House Committee on the Judiciary.


  • September 23, 2021

    Latest Companion Bill Action

    S 117-2827
    Introduced in Senate


  • November 1, 2022
    Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.

Law

Related Bills

  • S 117-2827: Bankruptcy Venue Reform Act of 2021

Bankruptcy Venue Reform Act of 2021

USA117th CongressHR-4193| House 
| Updated: 11/1/2022
Bankruptcy Venue Reform Act of 2021 This bill limits where a non-individual debtor (e.g., a corporate debtor) may file for bankruptcy. Specifically, these debtors must file in the district court for the district in which the principal place of business or principal assets of the debtor are located. Such a debtor may also file in a district where there is a pending bankruptcy case concerning an affiliate that has a certain level of control or ownership of the debtor (e.g., if the affiliate is a controlling shareholder of the debtor), if that pending case is in a proper venue under this bill. Under current law, these debtors may also file where they are domiciled (i.e., incorporated) or where there is a bankruptcy case pending concerning an affiliate, general partner, or partnership. For certain debtors who are issuers of securities, their principal place of business is defined in the bill as the address of the entity's principal executive office as provided in specified Securities and Exchange Commission filings.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

HR 116-4421
Bankruptcy Venue Reform Act of 2019
Jun 28, 2021
Introduced in House
Jun 28, 2021
Referred to the House Committee on the Judiciary.
Sep 23, 2021

Latest Companion Bill Action

S 117-2827
Introduced in Senate
Nov 1, 2022
Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
  • Bill from Previous Congress

    HR 116-4421
    Bankruptcy Venue Reform Act of 2019


  • June 28, 2021
    Introduced in House


  • June 28, 2021
    Referred to the House Committee on the Judiciary.


  • September 23, 2021

    Latest Companion Bill Action

    S 117-2827
    Introduced in Senate


  • November 1, 2022
    Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
Zoe Lofgren

Zoe Lofgren

Democratic Representative

California

Cosponsors (16)
Michael C. Burgess (Republican)Jared Huffman (Democratic)Ashley Hinson (Republican)Karen Bass (Democratic)Lance Gooden (Republican)Ken Buck (Republican)Lucille Roybal-Allard (Democratic)Ted Lieu (Democratic)Greg Stanton (Democratic)Jim Cooper (Democratic)Anna G. Eshoo (Democratic)Dan Bishop (Republican)Kathy Castor (Democratic)Joe Neguse (Democratic)Mike Thompson (Democratic)Ed Perlmutter (Democratic)

Administrative State, Regulatory Reform, and Antitrust Subcommittee, Judiciary Committee

Law

Related Bills

  • S 117-2827: Bankruptcy Venue Reform Act of 2021
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted