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.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, 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., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Labor, Transportation.
Who Benefits and How
financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section S1: 1. Short title This Act may be cited as the Ending Corporate Bankruptcy Abuse Act of 2024.
- Section id13B6166178EA475691D79B1321D2730C: 2. Conversion or dismissal under chapter 11 Section 1112(b) of title 11, United States Code, is amended— in paragraph (2)(A), by striking within a reasonable...
- Section id63B5DDE3999F49B3AF7789E480380C0F: 3. Limitations on certain stays and injunctions Section 105 of title 11, United States Code, is amended by adding at the end the following: (e)Notwithstanding...
- Section idf57e1ef8afa64bb488fd1b094b28332d: 4. Automatic stay Section 362 of title 11, United States Code, is amended— in subsection (b)— by redesignating paragraphs (27), (28), and (29) as paragraphs...
- Section id2D08C44ADBCC4F4580CDF5FA99EBD542: 5. Technical amendments Section 553 of title 11, United States Code, is amended— in subsection (a)— in paragraph (2)(B)(ii), by striking 362(b)(27) and...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, 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., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Key Policy Areas
Finance, Labor, Transportation
Primary Purpose
This bill, 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., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Policy Domains
Whole bill
Identified Gains
- financial institutions, investors, and borrowers
Identified Costs
- federal implementing agencies
- financial institutions, investors, and borrowers
Sponsors
Legislative Progress
IntroducedMr. Whitehouse (for himself, Mr. Hawley, and Mr. Durbin) introduced …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "federal_implementing_agencies"
- → Federal agencies assigned duties by the bill
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology