3.0.0 314 2019-11-15T21:55:58Z 2019-11-15T21:55:58Z Senate S S 2005-02-08 109 ssju00 Judiciary Committee Senate Standing Referred to 2005-02-08T20:27:45Z 2005-02-08 ssju00 Judiciary Committee Senate Read twice and referred to the Committee on the Judiciary. IntroReferral 2005-02-08 Sponsor introductory remarks on measure. (CR S1125-1129) IntroReferral B00100 9 Library of Congress 2005-02-08 Introduced in Senate IntroReferral 10000 9 Library of Congress C001056 Sen. Cornyn, John [R-TX] John Cornyn R TX N F000062 Sen. Feinstein, Dianne [D-CA] Dianne Feinstein D CA 2005-02-14 False 2005-02-17 S000888 Sen. Stevens, Ted [R-AK] THEODORE STEVENS R AK F. 2005-09-15 False Law Bankruptcy Bankruptcy courts Change of venue Commerce Corporate management Debtor and creditor District courts Finance and Financial Sector Financial statements Law 00 2005-02-08 Introduced in Senate 2005-03-23T01:03:31Z Fairness in Bankruptcy Litigation Act of 2005 - Amends the Federal judicial code to establish that domicile and residence of a debtor, for purposes of establishing venue in bankruptcy cases on the basis of domicile and residence, is located where the debtor's principal place of business is located. Provides that venue also lies in the district in which such a case concerning the controlling corporation is pending: (1) if the debtor is controlled by another corporation, the financial statements of the debtor have been consolidated with those of the controlling corporation within a specified period of time before filing for bankruptcy, and the controlling corporation is a debtor in bankruptcy proceedings; or (2) if the debtor is not such a corporation, the debtor has been controlled by another corporation for a specified time period before filing, and the controlling corporation is a debtor in bankruptcy proceedings.

Adds bankruptcy courts to the list of district courts required to dismiss or transfer cases laying venue in the wrong division or district.

]]> Fairness in Bankruptcy Litigation Act of 2005 Short Titles as Introduced Fairness in Bankruptcy Litigation Act of 2005 Display Title Fairness in Bankruptcy Litigation Act of 2005 Official Title as Introduced A bill to protect consumers, creditors, workers, pensioners, shareholders, and small businesses, by reforming the rules governing venue in bankruptcy cases to combat forum shopping by corporate debtors. Introduced in Senate 2005-02-08T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-109s314is/xml/BILLS-109s314is.xml 2005-02-08 Read twice and referred to the Committee on the Judiciary. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.