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Fairness in Bankruptcy Litigation Act Of 2005 introduced.(front page)(Brief Article)

Business Credit

| March 01, 2005 | COPYRIGHT 2005 National Association of Credit Management. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

On February 8, 2005, U.S. Senator John Cornyn introduced the Fairness in Bankruptcy Litigation Act of 2005. The Act protects consumers, creditors, workers, pensioners, shareholders, and small businesses, by reforming the rules governing venue in bankruptcy cases to combat forum shopping by corporate debtors.

This bill would provide much needed relief to businesses and--perhaps even more importantly--to small businesses. This bill would provide relief to the current practice of requesting a ...

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