| Legislative Highlights (ABI Journal) |
LEGISLATIVE HIGHLIGHTS: (citation: Legislative Highlights, XXVIII ABI Journal 9, 8, 89, November 2009) November 02, 2009
| LEGISLATIVE HIGHLIGHTS (citation: Legislative Highlights, XXVIII ABI Journal 8, 8, 104, October 2009) October 01, 2009
| LEGISLATIVE HIGHLIGHTS: (citation: Legislative Highlights, XXVIII ABI Journal 7, 8, 95, September 2009) September 01, 2009
| LEGISLATIVE HIGHLIGHTS: (citation: Legislative Highlights, XXVIII ABI Journal 6, 8, 89, July/August 2009) July 30, 2009
| LEGISLATIVE HIGHLIGHTS: (citation: ABI, Legislative Highlights, XXVIII ABI Journal 5, 8, 87, June 2009) June 01, 2009
| LEGISLATIVE HIGHLIGHTS: (citation: Legislative Highlights, XXVIII ABI Journal 4, 8, 81, May 2009) May 04, 2009
| LEGISLATIVE HIGHLIGHTS: (citation: Legislative HIghlights, XXVIII ABI Journal 3, 8, April 2009) April 04, 2009
| LEGISLATIVE HIGHLIGHTS: (citation: Legislative Highlights, XXVIII ABI Journal 2, 8, 102, 104, March 2009) March 04, 2009
| LEGISLATIVE HIGHLIGHTS: (citation: Legislative Highlights, XXVIII ABI Journal 1, 8, February 2009) February 09, 2009
| LEGISLATIVE HIGHLIGHTS: (citation: Legislative Highlights, XXVII ABI Journal 10, 8, December/January 2009) December 05, 2008
| LEGISLATIVE HIGHLIGHTS: (citation: Legislative Highlights, XXVII ABI Journal 9, 8, November 2008) November 03, 2008
| LEGISLATIVE HIGHLIGHTS: (citation: Legislative Highlights, XXVII ABI Journal 8, 8 October 2008) October 01, 2008
| LEGISLATIVE HIGHLIGHTS: (citation: Legislative Highlights, XXVII ABI Journal 7, 8, 86 September 2008) September 05, 2008
| LEGISLATIVE HIGHLIGHTS: (citation: Legislative Highlights, XXVII ABI Journal 6, 8, July/August 2008) August 01, 2008
| LEGISLATIVE HIGHLIGHTS: (citation: Legislative Highlights, XXVII, ABI Journal, 5, 8, June 2008) June 03, 2008
Description: House passes response to mortgage crisis. | LEGISLATIVE HIGHLIGHTS: (citation: Democrats Continue Push to Curb Credit Card Abuse, XXVII, ABI Journal, 4, 8, May 2008) May 01, 2008
| LEGISLATIVE HIGHLIGHTS: (citation: Legislative Highlights, XXVII ABI Journal 3, 8, 73 April 2008) April 20, 2008
| LEGISLATIVE HIGHLIGHTS: (citation: Legislative Highlights, XXVII ABI Journal 2, 8, 77 March 2008) March 15, 2008
| LEGISLATIVE HIGHLIGHT: (citation: Legislative Highlight, XXVII ABI Journal 1, 8, 87 Feb. 2008) February 15, 2008
| LEGISLATIVE HIGHLIGHTS: Mortgage Bill Advances in House (citation: ABI Journal, Vol. XXVI, No. 10, p. 8, Dec./Jan. 2007/08) December 01, 2007
| LEGISLATIVE HIGHLIGHTS: (citation: ABI Journal, Vol. XXVI, No. 9, p. 8, November 2007) November 01, 2007
| LEGISLATIVE HIGHLIGHTS: (citation: ABI Journal, Vol. XXVI, No. 8, p. 8, October 2007) October 30, 2007
| LEGISLATIVE HIGHLIGHTS: (citation: ABI Journal, Vol. XXVI, No. 7, p. 8, September 2007) September 01, 2007
| LEGISLATIVE HIGHLIGHTS: (citation: ABI Journal, Vol. XXVI, No. 6, p. 8, July/August 2007) August 01, 2007
| LEGISLATIVE HIGHLIGHTS: (citation: ABI Journal, Vol. XXVI, No. 5, p. 8, June 2007) June 01, 2007
| LEGISLATIVE HIGHLIGHTS: Labor and Consumer Groups Press "Excess Compensation" Agenda (citation: ABI Journal, Vol. XXVI, No. 4, p. 8, May 2007) May 01, 2007
| LEGISLATIVE HIGHLIGHTS: 110th "Oversight Congress" Hits Stride Early on Lender Practices (citation: ABI Journal, Vol. XXVI, No. 3, p. 8, April 2007) April 01, 2007
| LEGISLATIVE HIGHLIGHTS: (citation: ABI Journal, Vol. XXVI, No. 2, p. 8, March 2007) March 01, 2007
| LEGISLATIVE HIGHLIGHTS - (citation: ABI Journal, Vol. XXVI, No. 1, p. 8, Feb. 2007) February 01, 2007
| LEGISLATIVE HIGHLIGHTS: Democrats Sweep in Mid-Term Elections, Capture Control of Agenda (citation: ABI Journal, Vol. XXV, No. 10, p. 8, Dec/Jan 2007) January 01, 2007
Description: Consistent with past mid-term Congressional election trends and a growing impatience with the war in Iraq, voters handed over the keys of Congress to the Democrats on Nov. 7. | LEGISLATIVE HIGHLIGHTS: Congressional Campaigning Leaves Tithing, Trustee Fee and Judges Salary Increases Hanging (citation: ABI Journal, Vol. XXV, No. 9, p. 8, November 2006) November 01, 2006
Description: The House and Senate sprinted to recess for the Nov. 7 elections without completing action on several pending clarifications to bankruptcy law. Bills covering issues ranging from the treatment of tithing to an increase in chapter 7 trustee fees and reforms pertaining to the netting of certain financial transactions were left unfinished. | LEGISLATIVE HIGHLIGHTS: China's New Bankruptcy Law Encourages Investment (citation: ABI Journal, Vol. XXV, No. 7, p. 8, October 2006) October 01, 2006
Description: As this issue goes to press, China experts are reporting that the Standing Committee of China's National People's Congress has just adopted a new bankruptcy law, which will become effective June 1, 2007. This new law represents an enormous step forward in aligning China with international legal standards. By offering creditors more protection and an improved legal infrastructure for dealing with insolvent companies, it provides new incentives for foreign investment. | LEGISLATIVE HIGHLIGHTS: Pension Reform Changes Airline and Credit Counseling Requirements (citation: ABI Journal, Vol. XXV, No. 7, p. 8, September 2006) September 01, 2006
Description: Because the press has characterized pension legacy costs as a major cause of corporate bankruptcies, some in Washington have viewed the entire Pension Protection Act of 2006 (H.R. 4) as bankruptcy legislation. In addition to modifying contribution requirements for pension plans, the bill does make several bankruptcy-specific modifications and changes of interest to the insolvency community. | LEGISLATIVE HIGHLIGHTS: New IRS Determination Procedure Established; Financial Netting and Chapter 7 Fee Adjustment Moves Forward in the Legislative Process (citation: ABI Journal, Vol. XXV, No. 6, p. 8, July/August 2006) August 01, 2006
Description: While Washington is slipping into the summer heat, encouraging Congress to head for the August congressional district work period, several actions taken in May and June affect bankruptcy professionals. | LEGISLATIVE HIGHLIGHTS: Is the FAIR Act Fair to Companies Trying to Reorganize? (citation: ABI Journal, Vol. XXV, No. 5, p. 8, June 2006) June 01, 2006
Description: Sen. Evan Bayh (D-Ind.) and Rep. John Conyers (D-Mich.), ranking member of the House Judiciary Committee, introduced legislation this spring to "limit executive compensation agreements and require corporations to provide a more accurate picture of their holdings." These identical bills, S. 2556 and H.R. 5113, entitled the "Fairness and Accountability in Reorganizations Act of 2006" (FAIR Act), have the stated goal of ensuring that workers are treated more fairly during bankruptcy reorganizations. However, it is questionable whether they would, if enacted in their present form, have that practical effect. | LEGISLATIVE HIGHLIGHTS: Long-Term Costs of Federal Liability Defeat Asbestos Reform Legislation; More Bankruptcies Likely (citation: ABI Journal, Vol. XXV, No. 3, p. 8, April 2006) April 01, 2006
Description: An unlikely alliance of conservative Republicans and liberal Democrats with differing concerns about the asbestos-victim compensation legislation joined together to defeat Senate consideration of S. 852, the "Fairness in Asbestos Injury Resolution Act of 2005 (FAIR)," on Feb. 14. Faced with a tight floor schedule, Senate Majority Leader Bill Frist (R-Tenn.) has given Senator Arlen Specter (R-Pa.), chair of the Senate Judiciary Committee, until mid-April to obtain the votes necessary for passage in the Senate. As the House Judiciary Committee will not take up this issue until the Senate completes action, chances that the bill can become law this election year are fading. According to David Austern, general counsel of the Manville Trust, "if the FAIR Act passed, future liabilities of the companies in bankruptcy and the companies likely to be in bankruptcy due to asbestos liability would, without exception, have their liabilities dramatically reduced." The same result is applicable for mo | LEGISLATIVE HIGHLIGHTS: Pension Surcharge and Bankruptcy Filing Fees Become Law (citation: ABI Journal, Vol. XXV, No. 2, p. 8, March 2006) March 01, 2006
Description: The Deficit Reduction Act of 2005, (P.L. 109-171) has two significant implications for the insolvency profession. A pension termination surcharge on insolvent companies will change the business landscape, while increases in filing fees for chapter 7 liquidation cases and chapter 13 repayment plans will directly increase bankruptcy legal costs. | LEGISLATIVE HIGHLIGHTS: Filing Fee and Pension Premium Increases Pending as Second Session Begins (citation: ABI Journal, Vol. XXV, No. 1, p. 8, February 2006) February 01, 2006
Description: Congress had a flurry of legislative activity before leaving for the Christmas recess on Dec. 22, completing action on some legislation changing the legal landscape on bankruptcy. However, several bills affecting the bankruptcy process, including an increase in bankruptcy filing fees, as well as pension termination surcharges on companies emerging from bankruptcy, remain pending. Scheduled to return at the end of January 2006, Congress is expected to act quickly on the legislation containing the filing fee increases and pension termination surcharges. | LEGISLATIVE HIGHLIGHTS: Omnibus Reconciliation Bill Contains Judgeships, Circuit Split, More (citation: ABI Journal, Vol. XXIV, No. 10, p. 3, December/January 2006) December 01, 2005
Description: At press time, the U.S. Senate and House of Representatives are attempting to use the annual budgetary process to achieve enactment of controversial legislation. | LEGISLATIVE HIGHLIGHTS: U.S. Trustee Program Relaxes Enforcement for Hurricane Victims (citation: ABI Journal, Vol. XXIV, No. 9, p. 3, November 2005) November 01, 2005
Description: The U.S. Trustee Program (USTP) announced a series of steps in early October to address the impact of BAPCPA on victims of recent natural disasters. | LEGISLATIVE HIGHLIGHTS: Congress Considers Katrina Impact (citation: ABI Journal, Vol. XXIV, No. 8, p. 3, October 2005) October 01, 2005
Description: Congress moved quickly to enact legislation authorizing federal courts, including bankruptcy courts, to hold court sessions outside their usual places of business. | LEGISLATIVE HIGHLIGHTS: Courts, EOUST Prepare for BAPCPA (citation: ABI Journal, Vol. XXIV, No. 7, p. 3, September 2005) September 01, 2005
Description: Both the Executive Office for U.S. Trustees and the federal courts rulemaking apparatus are ready for the Oct. 17 effective date of BAPCPA, according to testimony at a House Judiciary Committee oversight hearing on July 26. | LEGISLATIVE HIGHLIGHTS: Well-credentialed Nominee Has Extensive Practice Representing Business Interests (citation: ABI Journal, Vol. XXIV, No. 6, p. 3, July/August 2005) August 01, 2005
Description: With President Bush's surprise nomination of U.S. Court of Appeals Judge John G. Roberts Jr. to replace Sandra Day O'Connor, the rush is on to predict his impact on the Supreme Court. | LEGISLATIVE HIGHLIGHTS: Senate Committee Examines Credit Card Industry Marketing June 01, 2005
Description: Senate Banking Committee members criticized a number of credit card industry marketing and fee practices during an oversight hearing on May 17. | LEGISLATIVE HIGHLIGHTS: Senate Committee Urges More Cleanup of Credit Counseling May 01, 2005
Description: The Senate Permanent Subcommittee on Investigations, following up on prior hearings and recommendations, has released a bipartisan report critical of credit counseling industry practices. | LEGISLATIVE HIGHLIGHTS: House Panel Rubber-stamps S. 256: House Floor and White House Await April 01, 2005
Description: Over the vocal objections of Democrats, Republicans on the House Judiciary Committee rolled the bankruptcy bill through the committee in the exact form received from the Senate on March 10. | LEGISLATIVE HIGHLIGHTS: Bankruptcy Bill Reintroduced, Reported by Senate Committee: Determined Opposition Expected on Senate Floor March 01, 2005
Description: On Feb. 1, Sen. Charles Grassley (R-Iowa) introduced S. 256, the "Bankruptcy Abuse Prevention and Consumer Protection Act of 2005." | LEGISLATIVE HIGHLIGHTS: 109th Congress Outlook February 01, 2005
Description: The start of a new Congress is like baseball spring training: Hope for even perennial losers runs high. Now that the Boston Red Sox have won a World Series, can the enactment of the bankruptcy bill be far behind? | LEGISLATIVE HIGHLIGHTS: Impact of GOP Election Sweep December 01, 2004
Description: The President's re-election with expanded Republican majorities in the Senate and House may have implications for a host of legislative items stalled in the 108th Congress. | LEGISLATIVE HIGHLIGHTS: Last Days of the 108th Congress; Lame Duck Session Looms November 01, 2004
Description: Chapter 12; November Lame Duck; Ninth Circuit Split |
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