House Passes Legislation Allowing Financial Institutions to Seek Cha...

House Passes Legislation Allowing Financial Institutions to Seek Chapter 11 Protection
Lexology (registration)
On April 5 and June 8, 2017, the U.S. House of Representatives passed bills (the Financial Institution Bankruptcy Act of 2017 ("FIBA") and the Financial CHOICE Act of 2017) that would allow financial institutions to seek protection under Chapter 11 of ...