Legislation

Hosted by the Legislation and Health Care Committees. Congressional budget decisions and executive actions are increasingly shaping the bankruptcy landscape for health care companies. This panel will examine how proposed Medicaid cuts, pharmaceutical reforms and the sweeping 2025 megabill are affecting financial distress, restructuring strategies and creditor dynamics in the sector. The panelists will explore the legal and operational implications of these legislative shifts, and how stakeholders are adapting in a rapidly evolving policy environment.

Hear the latest on what's happening on Capitol Hill involving the bankruptcy system. Proposed legislation to amend the bankruptcy code, needed changes to Subchapter V, what the rumor mill might be saying about laws in the pipeline - these panelists are involved in the discussions with legislators and will report on what's happening now and what's coming down the road ahead.

This panel will discuss the wide-ranging changes to the Bankruptcy Code resulting from the 2005 amendments, and how they do and do not continue to affect bankruptcy practice today.

Join ABI’s executive director for a discussion with experts on (and close to) the Hill as they analyze current, pending and expected legislation addressing key insolvency issues

This panel will address the latest legislative developments in consumer bankruptcy law, including the new DOJ guidance regarding the hardship discharge of student loans.

Over the last several years, an increasing number of states, including New York, have adopted the UniformVoidable Transactions Act (UVTA), the latest update to the Uniform Voidable Transfer Act. The UVTA made anumber of minor changes and updates to the Uniform Fraudulent Transfer Act (UFTA), including changingthe name. What changes were significant? What opportunities to fix problems/vagaries in the UFTA did thedrafters miss? What amendments should the UVTA drafters consider?

Join ABI experts as they discuss recent, pending and upcoming legislation that impacts the insolvency and restructuring industry.

The steep rise in student loan debt is one of the most pressing issues our country faces as it strives to create a more just and equitable society. Getting a college degree has become steadily more expensive, and graduates are often left with overwhelming debt burdens that sometimes take decades to repay. Coupled with the nondischargeability of student debt under the Bankruptcy Code, the “student debt problem” has become one of the most pressing issues of our time. This panel of experts will discuss how this problem could be addressed in a way that is equitable, fair and effective under the existing Bankruptcy Code, as well as possible reform.

To ease the financial fallout from the pandemic, there could be increased congressional interest in consumer bankruptcy reform. Sen. Elizabeth Warren and Rep. Jerrold Nadler already have proposed a complete overhaul of the consumer bankruptcy system and a new chapter 10 for all individual debtors. Several pending legislative proposals would make it easier to discharge student loans in bankruptcy. Profs. Robert Lawless and Adam Levitin will explain these proposals, the motivating factors behind them, and what else might be coming in the consumer bankruptcy world.

Hosted by the Consumer Bankruptcy and Legislation Committees This panel will compare Sen. Elizabeth Warren’s bill with the ABI Consumer Commission’s Final Report, released in 2019, and will address consumer bankruptcy legislation that could be introduced this spring.