Search Results for keywords:"united states code title 11"

Search Results: keywords:"united states code title 11"

S. 5443 — To amend title 11, United States Code, to improve protections for employees and retirees in business bankruptcies.
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December 05, 2024
Status:Introduced in Senate
Congress:118
Words:9,377
The "Protecting Employees and Retirees in Business Bankruptcies Act of 2024" aims to enhance the rights and protections of employees and retirees during business bankruptcies. The bill proposes increasing the priority of employees' unpaid wages and benefits, addressing unfair executive...
Simple Explanation
The bill is like a special rulebook that helps protect workers and retirees when a company runs out of money. It makes sure people get paid what they are owed, takes care of their benefits, and ensures bosses do not get too much extra pay when the business is broke.
S. 4746 — 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.
July 23, 2024
Status:Introduced in Senate
Congress:118
Words:1,959
S. 4746, known as the "Ending Corporate Bankruptcy Abuse Act of 2024," seeks to amend title 11 of the United States Code regarding bankruptcy proceedings. The bill introduces measures to dismiss chapter 11 bankruptcy cases if the filing is found to be objectively pointless or...
Simple Explanation
The Ending Corporate Bankruptcy Abuse Act of 2024 is a new rule that wants to make sure companies can't pretend they are in big money trouble just to get out of tough situations for unfair reasons. If a company is asking for help in a way that seems sneaky or silly, the grown-ups in charge can say no!

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