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H.R.2533 - Chapter 11 Bankruptcy Venue Reform Act of 2011

To amend title 28 of the United States Code with respect to proper venue for cases filed by corporations under chapter 11 of title 11 of such Code. view all titles (2)

All Bill Titles

  • Official: To amend title 28 of the United States Code with respect to proper venue for cases filed by corporations under chapter 11 of title 11 of such Code. as introduced.
  • Short: Chapter 11 Bankruptcy Venue Reform Act of 2011 as introduced.

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  • Today: 1
  • Past Seven Days: 2
  • All-Time: 2,622
 
Introduced
 
House
Passes
 
Senate
Passes
 
President
Signs
 

 
07/14/11
 
 
 
 
 
 
 

Official Summary

Chapter 11 Bankruptcy Venue Reform Act of 2011 - Amends the federal judicial code to require chapter 11 (Reorganization) bankruptcy cases filed by corporations to be commenced in the district court for the district in which: (1) the corporation's principal place of business or principa

Official Summary

Chapter 11 Bankruptcy Venue Reform Act of 2011 - Amends the federal judicial code to require chapter 11 (Reorganization) bankruptcy cases filed by corporations to be commenced in the district court for the district in which:
(1) the corporation's principal place of business or principal assets in the United States have been located for one year immediately preceding such commencement, or for a longer portion of such one-year period than such corporation's U.S. principal place of business or principal assets were located in any other district; or
(2) an affiliate of such corporation has a liquidation case pending, if the affiliate owns, controls, or holds with power to vote over 50% of the outstanding voting securities of such corporation. Applies such venue requirements only to cases commenced on or after enactment of this Act.

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Organizations Supporting H.R.2533

  • Commercial Law League of America
  • Bamberger, Foreman, Oswald & Hahn LLP
  • National Association of Credit Management
  • MGLAW PLLC

Organizations Opposing H.R.2533

  • New York City Bar
  • Morrison and Foerster LLP




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