Bankruptcy Legislation, Regulation To Watch in 2011

Law360, New York (December 27, 2010, 3:28 PM EST) -- While the new year is likely to hold little in the way of formal bankruptcy legislation, a few minor tweaks to the Chapter 11 machinery could have outsized impacts — and November’s power shift on Capitol Hill could always lead to surprises in the bankruptcy realm on both the legislative and regulatory fronts, experts agree.

“The reality is that you would have to find something that a Republican House and a split Senate could agree is important enough to actually legislate about,” said John Penn of...
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