3.0.0 5032 2023-01-11T13:43:47Z 2023-01-11T13:43:47Z Senate S 2020-12-16 116 ssju00 Judiciary Committee Senate Standing Referred to 2020-12-16T22:03:01Z Bankruptcy Venue Reform Act of 2019 116 4421 HR 2019-10-28 Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law. Related bill CRS 2020-12-16 ssju00 Judiciary Committee Senate Read twice and referred to the Committee on the Judiciary. IntroReferral 2020-12-16 Introduced in Senate IntroReferral 10000 9 Library of Congress C001056 Sen. Cornyn, John [R-TX] John Cornyn R TX N W000817 Sen. Warren, Elizabeth [D-MA] Elizabeth Warren D MA A. 2020-12-16 True Law Bankruptcy Federal district courts Jurisdiction and venue Lawyers and legal services Law 00 2020-12-16 Introduced in Senate 2021-03-11T21:26:34Z Bankruptcy Venue Reform Act of 2020

This bill limits where a non-individual debtor (e.g., a corporate debtor) may file for bankruptcy.

Specifically, these debtors must file in the district court for the district in which the principal place of business or principal assets of the debtor are located. Such a debtor may also file in a district where there is a pending bankruptcy case concerning an affiliate that has a certain level of control or ownership of the debtor (e.g., if the affiliate is a controlling shareholder of the debtor), if that pending case is in a proper venue under this bill.

Under current law, these debtors may also file where they are domiciled (i.e., incorporated) or where there is a bankruptcy case pending concerning an affiliate, general partner, or partnership.

For certain debtors who are issuers of securities, their principal place of business is defined in the bill as the address of the entity's principal executive office as provided in specified Securities and Exchange Commission filings.

]]> Bankruptcy Venue Reform Act of 2020 Display Title Bankruptcy Venue Reform Act of 2020 Short Title(s) as Introduced Bankruptcy Venue Reform Act of 2020 Introduced in Senate IS Official Title as Introduced A bill to amend title 28, United States Code, to modify venue requirements relating to bankruptcy proceedings. Introduced in Senate IS Introduced in Senate 2020-12-16T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116s5032is/xml/BILLS-116s5032is.xml 2020-12-16 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.