(READ) Bipartisan push to stop corporations from ‘tipping bankruptcy scales of justice’

Two members of Congress have introduced a bipartisan bill to end what they call “corporate bankruptcy forum shopping.” Reps. Ken Buck (R-Colorado) and Zoe Lofgren (D-Calif.) introduced the Bankruptcy Venue Reform Act of 2021. The legislation would require corporations to pursue Chapter 11 bankruptcy proceedings where their principal place of business is or where their principal […]

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