Two Recent Bills of Note
Rep. John Conyers (D-MI), the chairman of the House Judiciary Committee, recently introduced the “Protecting Employees and Retirees in Business Bankruptcy Act of 2010” (H.R. 4677), which aims to amend title 11 of the U.S. Code to improve recoveries and reduce losses for employees and retirees, as well as restrict executive compensation programs. The Senate companion bill is S. 3033, introduced by Sen. Dick Durbin (D-Ill). Please click the link below to read the bill.
"Protecting Employees and Retirees in Business Bankruptcy Act of 2010" (H.R. 4677)
The “Bankruptcy Judgeship Act of 2010” (H.R. 4506) proposes to add 13 permanent bankruptcy judgeships in a number of districts, convert 22 temporary bankruptcy judgeships into permanent appointments and extend the terms of two temporary judgeships. Please click the link below to read the bill.
"Bankruptcy Judgeship Act of 2010" (H.R. 4506)
ABI's 28th Annual Spring Meeting will be held April 29-May 2 at the Gaylord National Resort and Convention Center, near Washington, D.C. Two of the sessions will be of particular interest to the committee.
The session “The Legislative Agenda: Current Legislation Affecting the Bankruptcy Process” will take place on Friday, April 30 at 10:15 a.m. The panel will discuss the “too big to fail” financial industry reform bill, the proposed Consumer Financial Protection Agency and the growing deficit of the PBGC, among other issues. Panelists will include Michael Calhoun, President and CEO of the Center for Responsible Lending in Washington, D.C., Bert Ely, a financial industry consultant for Ely & Co. in Alexandria, Va., Daniel M. Flores of the House Judiciary Committee in Washington, D.C., Michael Krimminger, Deputy to the Chairman for Policy for the Federal Deposit Insurance Corp. in Washington, D.C. and Vincent K. Snowbarger, Acting Director of the Pension Benefit Guaranty Corporation in Washington, D.C. The panel moderator will be ABI Executive Director Samuel Gerdano.
The Legislation Committee will present a session entitled “Bankrupting the Trustee: Coping with BAPCPA’s New Burdens on Chapter 7 Trustees in Business Cases” on Friday, April 30 at 4:15 p.m. Prof. Jack F. Williams of Georgia State University/BDO Seidman LLP in Atlanta will moderate. Panelists will include Hon. Joan N. Feeney of the U.S. Bankruptcy Court (D. Mass.) in Boston, Robert C. Furr of Furr & Cohen, PA in Boca Raton, Fla. and Ronald R. Peterson of Jenner & Block LLP in Chicago. Don’t miss out on this pertinent legislative discussion. Register today!
