Ending Corporate Bankruptcy Abuse Act of 2024

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [S. 4746 Introduced in Senate (IS)] <DOC> 118th CONGRESS 2d Session S. 4746 To amend title 11, United States Code, to make the filing of a petition for relief under chapter 11 that is objectively futile or in subjective bad faith a cause for dismissal of the case, and for other purposes. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES July 23, 2024 Mr. Whitehouse (for himself, Mr. Hawley, and Mr. Durbin) introduced the following bill; which was read twice and referred to the Committee on the Judiciary _______________________________________________________________________ A BILL To amend title 11, United States Code, to make the filing of a petition for relief under chapter 11 that is objectively futile or in subjective bad faith a cause for dismissal of the case, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Ending Corporate Bankruptcy Abuse Act of 2024''. SEC. 2. CONVERSION OR DISMISSAL UNDER …