American Bankruptcy Institute | ABI Quick Poll Archive

A new bill introduced in Congress would limit retention bonuses, severance pay and similar payments to executives and turnaround professionals in bankrupt companies. It also raises the cap on wage priority claims to $13,500, subordinates secured creditor claims to those of pension plan participants where there has been an ERISA violation and restricts the debtor´s venue choice to a local jurisdiction, among many other retroactive changes to the Code. In general, do you support these changes?

yes, strongly (105)
	45.65%
yes, somewhat (47)
	20.43%
no, strongly (57)
	24.78%
no, somewhat (10)
	4.35%
don't know/no opinion (11)
	4.78%

Total of votes: 230