S 4346 · 119th Congress
Consumer Protection and Corporate Accountability in Bankruptcy Act of 2026
This bill makes it easier for courts to dismiss Chapter 11 bankruptcy cases filed by companies that are using bankruptcy as a tactical maneuver rather than as a genuine attempt to reorganize. Currently, companies can file for bankruptcy protection even when they have no realistic plan to reorganize, which can delay…
- Sponsor
- Whitehouse, Sheldon (D-Rhode Island)
- Introduced
- 2026-04-20
- Policy area
- Finance and Financial Sector
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