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S 2827 117th Congress Senate Law

Bankruptcy Venue Reform Act of 2021

Introduced: September 23, 2021 Introduced by: Cornyn, John Republican · Texas See on congress.gov
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This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 23, 2021
Read twice and referred to the Committee on the Judiciary.
Sep 23, 2021
Introduced in Senate
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 Plain-English summary Congressional Research Service

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.

What's happening now September 23, 2021

Read twice and referred to the Committee on the Judiciary.

 Related & companion bills 1
  • HR 4193 Related bill Bankruptcy Venue Reform Act of 2021
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1
D
Warren, Elizabeth
Massachusetts · Sep 23, 2021
Cite this page click to expand
APA
U.S. Congress. (2026). S. 2827: Bankruptcy Venue Reform Act of 2021. 117th Congress. Open America. https://openamerica.io/bill/117-S-2827/
MLA
"S. 2827: Bankruptcy Venue Reform Act of 2021." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-S-2827/.
Bluebook (legal)
S. 2827, 117th Cong. (2026), https://openamerica.io/bill/117-S-2827/.
Markdown link
[S. 2827: Bankruptcy Venue Reform Act of 2021](https://openamerica.io/bill/117-S-2827/)
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