H.R. 5939 · 117th Congress
Small Business Reorganization Technical Corrections Act
- Stage
- In committee
- Sponsor
- Joe Neguse
- Introduced
- 2021-11-09
- Latest action
- 2022-11-01 · Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
Summary
Small Business Reorganization Technical Corrections Act
This bill modifies provisions related to small business reorganization bankruptcies. Specifically, it provides that a small business debtor includes a debtor that is an affiliate of certain publicly traded companies. Additionally, it authorizes the bankruptcy trustee to operate the business of the debtor if the debtor ceases to be a debtor in possession.