Bankruptcy Venue Reform Act of 2021
Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.
Bankruptcy Venue Reform Act of 2021
This bill limits where a non-individual debtor (e.g., a corporate debtor) may file for bankruptcy.
Specifically, these debtors must file in the district court for the district in which the principal place of business or principal assets of the debtor are located. Such a debtor may also file in a district where there is a pending bankruptcy case concerning an affiliate that has a certain level of control or ownership of the debtor (e.g., if the affiliate is a controlling shareholder of the debtor), if that pending case is in a proper venue under this bill.
Under current law, these debtors may also file where they are domiciled (i.e., incorporated) or where there is a bankruptcy case pending concerning an affiliate, general partner, or partnership.
For certain debtors who are issuers of securities, their principal place of business is defined in the bill as the address of the entity's principal executive office as provided in specified Securities and Exchange Commission filings.
Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 4193: Bankruptcy Venue Reform Act of 2021. 117th Congress. Open America. https://openamerica.io/bill/117-HR-4193/
"H.R. 4193: Bankruptcy Venue Reform Act of 2021." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-4193/.
H.R. 4193, 117th Cong. (2026), https://openamerica.io/bill/117-HR-4193/.
[H.R. 4193: Bankruptcy Venue Reform Act of 2021](https://openamerica.io/bill/117-HR-4193/)