s 30321 1144296000 false 0 1144296000 2556 165 109 300006

<br/>4/6/2006--Introduced.<br/>Fairness and Accountability in Reorganizations Act of 2006 - Revises federal bankruptcy law to add to the conditions for court confirmation of a corporate reorganization plan that the compensation of an insider who will be employed or retained by the reorganized debtor has been approved by, or is subject to the approval of, the court, as reasonable.<br/>Prohibits the payment of a compensation enhancement in order to induce an insider of the debtor to remain with the debtor's business, unless the court finds that any transfers or obligations to or for the insider's benefit are essential to the survival of the business, or to the orderly liquidation and maximization of the value of the debtor's assets.<br/>Revises requirements for collective bargaining agreements and retiree health benefits to instruct the court to take into account the ongoing impact on the debtor of the debtor's relationship with all subsidiaries and affiliates, regardless of whether domestic or foreign, or whether any such subsidiary or affiliate is a debtor entity.<br/>

introduced 30321 'act':6 '2006':8 'fair':1 'account':3 'reorgan':5 22978 short introduced 30321 '11':6 'bill':2 'code':9 'titl':5 'unit':7 'amend':4 'state':8 'corpor':18 'execut':15 'reform':13 'compens':16 'respect':11 'bankruptci':19 22979 official introduced 30321 1144296000 Thu Apr 06 00:00:00 -0500 2006 50978 B001233 1955-12-26 4770 131 Russell Senate Office Building http://bayh.senate.gov/contact/email/ 202-228-1377 Evan 'd':4 'sen':1 'bayh':3,7,9 'evan':2,6,8 M 300006 Bayh Evan_Bayh Sen. Evan Bayh [D, IN] 2137 N00003762 15675 Democrat 202-224-5623 Episcopalian IN Evan Bayh 3.40677966101695 http://bayh.senate.gov B000444 1942-11-20 8444 Joseph 'd':4 'de':5 'sen':1 'biden':3,7,9 'joseph':2,6,8 M 300008 Biden Joseph_Biden R. Sen. Joseph Biden [D, DE] 4550 N00001669 10026 Democrat Roman Catholic DE Joseph Biden 3.0 B000711 1940-11-11 14990 112 Hart Senate Office Building http://boxer.senate.gov/contact/email/policy.cfm 202-224-0454 Barbara 'd':4 'ca':5 'sen':1 'boxer':3,7,9 'barbara':2,6,8 F 300011 Boxer Barbara_Boxer Sen. Barbara Boxer [D, CA] 7352 N00006692 29576 Democrat 202-224-3553 Jewish CA Barbara Boxer 2.44081632653061 http://boxer.senate.gov SenatorBoxer D000596 1947-01-26 Mark 'mark':1,3,5 'dayton':2,4,6 M 300032 Dayton Mark_Dayton Mark Dayton N00013291 322 Democrat Presbyterian Mark Dayton D000563 1944-11-21 8158 309 Hart Senate Office Building http://durbin.senate.gov/contact.cfm 202-228-0400 Richard 'd':4 'il':5 'sen':1 'durbin':3,7,9 'richard':2,6,8 M 300038 Durbin Richard_Durbin J. Sen. Richard Durbin [D, IL] 4488 N00004981 17159 Democrat 202-224-2152 Roman Catholic IL Dick Richard Durbin 3.75925925925926 http://durbin.senate.gov H000206 1939-11-19 3781 731 Hart Senate Office Building http://harkin.senate.gov/c/index.cfm 202-224-9369 Thomas 'd':4 'ia':5 'sen':1 'tom':8 'thoma':2,6,9 'harkin':3,7,10 M 300051 Harkin Tom_Harkin Sen. Thomas Harkin [D, IA] 1999 Tom N00004207 9678 Democrat 202-224-3254 Roman Catholic IA Tom Thomas Harkin 2.9 http://harkin.senate.gov/ SenatorTomHarkin K000148 1943-12-11 26682 218 Russell Senate Office Building http://kerry.senate.gov/contact/email.cfm 202-224-8525 John 'd':4 'ma':5 'sen':1 'john':2,6,8 'kerri':3,7,9 M 300060 Kerry John_Kerry Forbes Sen. John Kerry [D, MA] 12214 N00000245 14672 Democrat 202-224-2742 Roman Catholic MA John Kerry 2.57943925233645 http://kerry.senate.gov/ L000174 1940-03-31 12925 433 Russell Senate Office Building http://leahy.senate.gov/contact.cfm 202-224-3479 Patrick 'd':4 'vt':5 'sen':1 'leahi':3,7,9 'patrick':2,6,8 M 300065 Leahy Patrick_Leahy J. Sen. Patrick Leahy [D, VT] 6696 N00009918 10282 Democrat 202-224-4242 Roman Catholic VT Patrick Leahy 4.11764705882353 http://leahy.senate.gov/ SenatorPatrickLeahy L000261 1934-06-28 12730 269 Russell Senate Office Building http://levin.senate.gov/contact/ 202-224-1388 Carl 'd':4 'mi':5 'sen':1 'carl':2,6,8 'levin':3,7,9 M 300066 Levin Carl_Levin Sen. Carl Levin [D, MI] 7103 N00001691 26283 Democrat 202-224-6221 Jewish MI Carl Levin 1.98507462686567 http://levin.senate.gov/ L000304 1942-02-24 9521 706 Hart Senate Office Building http://lieberman.senate.gov/contact/ 202-224-9750 Joseph 'ct':5 'sen':1 'joseph':2,6,8 'lieberman':3,7,9 M 300067 Lieberman Joseph_Lieberman I. Sen. Joseph Lieberman [I, CT] 4056 N00000616 13270 Independent 202-224-4041 Jewish CT Joseph Lieberman 3.27777777777778 http://lieberman.senate.gov/ S000770 1950-04-29 528 133 Hart Senate Office Building http://stabenow.senate.gov/email.htm 202-228-0325 Debbie Ann 'd':5 'mi':6 'ann':3,8,11 'sen':1 'debbi':2,7,10 'stabenow':4,9,12 F 300093 Stabenow Debbie_Stabenow Sen. Debbie Ann Stabenow [D, MI] 29 N00004118 14890 Democrat 202-224-4822 United Methodist MI Debbie Ann Stabenow 2.64615384615385 http://stabenow.senate.gov/ SenatorStabenow introduced 30321 1144296000 Thu Apr 06 00:00:00 -0500 2006 50978 action 30321 1144296000 Thu Apr 06 00:00:00 -0500 2006 50979 Read twice and referred to the Committee on the Judiciary.