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CLLA NEWSWIRE | FROM THE CLLA NEWSWIRE
President Signs Temporary Bankruptcy Judgeships Extension Act of 2012
David Goch, Washington Legislative Counsel | May 31, 2012
On May 25, President Barack Obama signed H.R. 4967, the Temporary Bankruptcy Judgeships Extension Act of 2012, into law, averting a crisis in the bankruptcy court's system by reauthorizing 29 temporary judgeships in 14 states and Puerto Rico.
The temporary judgeships extended by the law include:
The legislation also increases the Chapter 11 filing fee from $1,000 to $1,167.
The legislation's effective date is 180 days after the date of enactment.
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