To amend title 11, United States Code, to improve protections for employees and retirees in business bankruptcies.
To amend title 11, United States Code, to prohibit nonconsensual release of a nondebtor entity’s liability to an entity other than the debtor, and for other purposes.
To amend title 11, United States Code, to make the filing of a petition for relief under chapter 11 that is objectively futile or in subjective bad faith a cause for dismissal of the case, and for other purposes.
The Senate Banking Committee held a hearing titled "Examining the Failures of Silicon Valley Bank and Signature Bank.”
Witness list:
Mr. Gregory W. Becker, former CEO of Silicon Valley Bank
Mr. Scott A. Shay, former Chairman and co-founder, Signature Bank
Mr. Eric R. Howell, former President, Signature Bank.
To amend the Federal Financial Institutions Examination Council Act of 1978 to improve the examination of depository institutions, and for other purposes.
To amend the Consolidated Farm and Rural Development Act to reform farm loans, to amend the Department of Agriculture Reorganization Act of 1994 to reform the National Appeals Division process, and for other purposes.
To establish within the Department of the Treasury the Office of the Special Inspector General for Financial Regulatory Abuses and Misconduct, and for other purposes.
To provide enhanced protection against debt collector harassment of members of the Armed Forces.
To provide requirements for the bulk auction or group sale of certain non-performing loans, and for other purposes.
The U.S. Senate Committee on the Judiciary held a hearing on Sept. 19, 2023 entitled "Evading Accountability: Corporate Manipulation of Chapter 11 Bankruptcy."
Witnesses included:
Lori Knapp
Greeneville, TN
Melissa B. Jacoby
Graham Kenan Professor of Law
University of North Carolina at Chapel Hill
Chapel Hill, NC
Samir D. Parikh
Robert E. Jones Professor of Advocacy and Ethics
Lewis & Clark Law School
Portland, OR
Stephen Hessler
Partner
Sidley Austin LLP
New York, NY
Erik Haas
Worldwide Vice President, Litigation
Johnson & Johnson
Armonk, NY