CONCEPTUAL PROPOSALS FOR POSSIBLE CONSIDERATION AT
THE SEPTEMBER MEETING
Chair Williamson, in concluding the Working Group Summaries, asked each
advisor to identify those specific proposals that may be discussed at the September meeting.
The Small Business, Partnership and Single Asset Real Estate Working Group, according to
Mr. Case, will likely develop proposals that would define a small business, devise a weeding-out
method to identify debtors who abuse the system, and set up time frames and simplified
procedures to speed the bankruptcy process for deserving debtors.
Professor Warren, on behalf of the Consumer Bankruptcy and Mass Torts and Future Claims
Working Groups, did not foresee any proposals being formalized at this time. Commissioner
Jones noted, however, that the Commission would solicit views on the unified consumer
bankruptcy model discussed at todays session. Agreeing, Professor Warren added that
anyone who is interested in keeping apprised of the Consumer Bankruptcy Working
Groups proposals should have his or her name added to the Commission mailing list.
Professor King said that a proposal in the form of an amendment to the venue of cases
ancillary to foreign proceedings provisions of Section 1410 of Title 28 of the United States Code
may be prepared and perhaps a paper which reviews the issues presented by direct plan payment
arrangements in chapter 12 cases.
Professor Warren acknowledged the contributions of the participants and others at
this meeting to the Commissions work. Concurring with Professor Warrens
comments, Chair Williamson also acknowledged that the working group model developed for
considering substantive issues which has been utilized at the June and this meeting has generally
proven to be satisfactory. In particular, he noted, it has served to focus the Commissions
attention on very specific issues.
Chair Williamson concluded the meeting at approximately 2:15 p.m.
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