BANKRUPTCY

Articles and editorials

Verleger—PES Bankruptcy Judge Could Inflict Lehman-Like Moment, S692 [7FE]

Bills and resolutions

Agriculture: clarify definition of the term ‘‘family farmer’’ (see S. 3721), S7356 [6DE]

Business and industry: improve protections for employees and retirees in business bankruptcies (see S. 2518), S1452 [7MR]

——— prohibit payment of bonuses to highly compensated employees and insiders of the debtor to perform services during the bankruptcy case (see H.R. 6912), H9089 [26SE]

Courts: modify venue requirements relative to bankruptcy proceedings (see S. 2282), S67 [8JA]

Dept. of the Treasury: require payment for damages and losses to James Doyle due to taking of private land by U.S. Fish and Wildlife Service as protected tortoise habitat, now designated Red Cliffs Desert Reserve (see S. 2531), S1578 [8MR]

Education: allow an individual debtor to discharge certain educational loans and educational benefits received a certain number of years before commencement of the bankruptcy case (see H.R. 6588), H7722 [26JY]

Financial institutions: reform living will process (see S. 3070), S3951 [14JN]

Puerto Rico: require disclosure of connections to debtors, creditors, or parties of interest to debt restructuring by professionals involved in the process of such restructuring (see H.R. 7355), H10336 [19DE]

Small business: address reorganization of small businesses (see S. 3689), S7241 [29NO] (see H.R. 7190), H9742 [29NO]

Taxation: exclude from income discharge of medical indebtedness (see H.R. 5493), H3209 [12AP]

Trusts: promote investigation of fraudulent claims against certain trusts and provide penalties against fraudulent claims against certain trusts (see S. 2564), S1765 [15MR]

Letters

Financial Institution Living Will Improvement Act: Anthony Cimino, Financial Services Roundtable (organization), H651 [29JA]

——— James C. Ballentine, American Bankers Association, H652 [29JA]

Remarks in House

Business and industry: improve protections for employees and retirees in business bankruptcies (H.R. 138), H1645 [15MR]

Credit: stop abusive student loan collection practices in bankruptcy cases (H.R. 137), H1570 [14MR]

Education: allow an individual debtor to discharge certain educational loans and educational benefits received a certain number of years before commencement of the bankruptcy case (H.R. 6588), E1092 [26JY]

Financial institutions: reform living will process (H.R. 4292), H650H652 [29JA]

Mining and mineral resources: transfer certain funds to the United Mine Workers of America Pension Plan (H.R. 3913), H418 [17JA]

Mortgages: allow modification of certain mortgages on principal residences in order to reduce foreclosures (H.R. 134), H7709 [26JY]

Public utilities: dispense with requirement of providing assurance of payment for utility services under certain circumstances (H.R. 141), H3381 [17AP]

Taxation: exclude from income discharge of medical indebtedness (H.R. 5493), H3403 [18AP]

Remarks in Senate

Federal loan guaranty agencies: prohibit funding to contest and litigate certain undue hardship claims in bankruptcy court, S5327 [25JY]

Mining and mineral resources: transfer certain funds to the United Mine Workers of America Pension Plan (S. 1105), S2667 [15MY]

Trusts: promote investigation of fraudulent claims against certain trusts and provide penalties against fraudulent claims against certain trusts (S. 2564), S7042 [15NO]

Texts of

H.R. 4292, Financial Institution Living Will Improvement Act, H650 [29JA]

S. 2282, Bankruptcy Venue Reform Act, S68 [8JA]

S. 2518, Protecting Employees and Retirees in Business Bankruptcies Act, S1456S1460 [7MR]