S. 2679 · 117th Congress
Small Business Reorganization Technical Corrections Act
- Stage
- In committee
- Sponsor
- Chuck Grassley
- Introduced
- 2021-08-09
- Latest action
- 2021-08-09 · Introduced in Senate
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.