Legislation Committee

Committees

Post date: Tuesday, August 10, 2021

One of the most popular support programs developed through the enactment of the Coronavirus Aid, Relief, and Economic Security (CARES) Act was the Paycheck Protection Program (PPP). This program was administered by the U.S. Small Business Administration (SBA) through participating lenders throughout the U.S.

Post date: Tuesday, August 10, 2021

Chapter 12 was added to the Bankruptcy Code in 1986 in response to the farm crisis of the 1980s. Chapter 12 became a permanent part of the Code in 2005. For many reasons, farmers have continued to struggle in the intervening years, causing this chapter to be more relevant than ever. In 2016, farm real estate debt surpassed the 1981 peak.

Post date: Thursday, February 25, 2021

On Jan. 12, 2021, President Donald J. Trump signed the “Bankruptcy Administration Improvement Act of 2020” into law. The bipartisan legislation was introduced in the Senate by Sen. Lindsey Graham (R-S.C.) and cosponsored by Sens. Christopher A. Coons (D-Del.), Marco Rubio (R-Fla.), Benjamin L. Cardin (D-Md.), Marsha Blackburn (R-Tenn.) and Thomas R. Carper (D-Del.).

Post date: Thursday, February 25, 2021

H.R. 133, the Consolidated Appropriations Act of 2021, is a proposed $2.3 trillion spending bill that combines $900 billion in stimulus relief for the COVID-19 pandemic in the United States with a $1.4 trillion omnibus spending bill for the 2021 federal fiscal year. On Dec.

Post date: Monday, January 04, 2021

ABI’s Legislation Committee had a very active year in 2020. We tracked legislation and provided guidance for ABI members, presented a very well-attended webinar about chapter 12, published numerous newsletters, and hosted a well-regarded panel at the Winter Leadership Conference and a virtual happy hour for membership engagement. Information about our 2020 activities is outlined below.

Post date: Monday, August 17, 2020

The Senate GOP’s proposed coronavirus relief legislation package, commonly known as the HEALS Act, contains numerous provisions that will be of especial import to insolvency professionals. The HEALS Act is comprised of eight smaller bills targeting specific areas of concern.

Post date: Wednesday, April 08, 2020

On March 27, 2020, Congress passed the “Coronavirus Aid, Relief, and Economic Security Act” (CARES Act)[1] in order to “provide emergency assistance and health care response for individuals, families, and businesses affected by the 2020 coronavirus pandemic.”[2] The CARES Act

Post date: Wednesday, April 08, 2020

As most bankruptcy practitioners know, Congress adopted the Small Business Reorganization Act of 2019 (SBRA) in August 2019.[2] It took effect on Feb. 19, 2020, and is codified as subchapter V of chapter 11, title 11, U.S. Code, 11 U.S.C. §§ 1181-1195.

Post date: Wednesday, August 28, 2019

At last count, there were almost 100 pieces of legislation introduced into the 116th Congress relating to student loans, education financing and debt. As might be expected, a number of bills are related to the treatment of student loan debt in bankruptcy.

Post date: Wednesday, August 28, 2019

Many struggling to pay off student loans today may be surprised to find out that student loans were once freely dischargeable in bankruptcy. But due to abuse, it has become increasingly difficult to discharge student loan debt. It is currently one of the most difficult classes of debt to discharge.

Pages

Fri, 2017-12-01

"Hosted by the International and Legislation Committees. In recent years, multiple jurisdictions have reformed or modernized their insolvency laws, either through incremental amendments or by entirely replacing the legislation. In this session, attendees will hear from practitioners from various jurisdictions about what motivated the decisions to amend their insolvency laws — and how the process unfolded in practice."

Fri, 2016-04-15

Public Securities and the Bankruptcy Plan Process: What Not to Do

Fri, 2015-04-17

Secured Credit Under the Code and Commission Report

Wed, 2014-11-12

The Asset Sales Committee hosted their most recent committee call on Wednesday, November 12. This call was titled "Bankruptcy Reform Commission’s Consideration of a Proposal to Surcharge Secured Lenders for 363 Asset Sales," and worked to more broadly inform and engage bankruptcy and restructuring professionals about the proposal being considered by the Bankruptcy Reform Commission to assess a charge on secured lenders for 363 asset sales in Chapter 11.

Tue, 2014-09-23

The Business Reorganization Committee held a free committee wide call on Tuesday, September 23rd, at 4 pm ET. The topic was titled "Looking at International Insolvency/Restructurings Through the Bankruptcy Code and Beyond," and featured key speakers, including: Patrick Mohan (Moderator) of Reorg Research (Columbia, S.C.), Rachel Ehrlich Albanese of Akin Gump Strauss Hauer & Feld LLP (New York), G.

Ms. Ferve Emma Khan, Esq.
Co-Chair
BakerHostetler
New York, NY
(212) 589-4269

Mr. Geoffrey J. Peters
Co-Chair
Weltman, Weinberg & Reis Co., LPA
Dublin, OH
(614) 883-0678

Ms. Stacey Salters
Communications Manager
Thompson Coburn LLP
Dallas, TX
(972) 629-7137

Mr. Howard Brod Brownstein, CTP
Education Director
The Brownstein Corp.
Conshohocken, PA
(610) 828-1300

Ms. Jill Novak Dalrymple
Membership Relations Director
Reno & Cavanaugh PLLC
Nashville, TN
(615) 457-8516

Mr. Btzalel Hirschhorn
Newsletter Editor
SBAGK| SHIRYAK, BOWMAN ANDERSON, GILL & KADOCHNIKOV LLP
Kew Gardens, NY
(718) 263-6800

Mr. Donald Wyatt
Special Projects Leader
ATTORNEY DONALD WYATT PC
Spring, TX
(281) 419-8733

Please note that in order to view the content for the Committee Newsletters you must either sign in if you are already an ABI member, or otherwise you may Become an ABI Member