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Having businesses file their Chapter 11 cases close to home seems like a worthy goal. But under the current venue provision in the Bankruptcy Code, 28 U.S.C. §1408, there’s little restriction on where Chapter 11 cases can be commenced. Current law provides that cases can be filed in any district “in which the … principal . ....
Cause for reform: The Bankruptcy Venue Reform Act of 2021 - Milwaukee Business Journal bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
The issue of venue reform has been debated for many years and is again being revisited in light of the expected surge in bankruptcy cases in the wake of the COVID-19 pandemic and. ....
Shopko… Briggs & Stratton… Appvion (formerly Appleton Papers)… Harnischfeger… Bon-Ton… JHT Holdings… Arandell… Golden Guernsey Dairy. We tend to think of these companies as our own—Wisconsin-based. ....
Here we go again – proposed bankruptcy venue legislation is back after previous reform” efforts came up empty. For those seeking legislative action, what are the chances for venue reform now? ....