The CLLA supports Bankruptcy Venue Reform because it constructively attempts to rebalance the interests of all parties in bankruptcy by making sure that the bankruptcy reorganization process remains within the regions and communities that have the most significant vested interest in the outcome. To learn more about the CLLA's position on this issue, please read the Article, Bankruptcy Reform - Everything You Need to Know Is in This Article and review other resources on this page.
Venue Reform Primer & Sources
The article, Bankruptcy Reform - Everything You Need to Know Is in This Article, was written by Peter Califano and ran in the November 2015 issue of Commercial Law World Magazine. To read the article, click here.
Below is the list of sources referenced in the Primer. Sources:
- National Bankruptcy Review Commission Final Report, pp 766-768 (1997).
- American Bankruptcy Institute - Commission to Study the Reform of Chapter 11 pp 311-312 (2014).
- Steven Rhodes, "The Baffling Rejection of Venue Reform by the ABI Chapter 11 Reform Commission", the Wall Street Journal, February 9, 2015.
- National Bankruptcy Review Commission, Id., p 765.
- Chapter 11 Bankruptcy Venue Reform Act of 2011 Report on Hearing Before the Subcommittee on Courts, Commercial and Administrative Law of the Committee on the Judiciary, House of Representatives, 112th Congress, First Session on H.R. 2533, September 8, 2011, Serial No. 112-88.
- Douglas Rosner, "Venue Fairness Written Statement on Behalf of National Ad Hoc Group of Bankruptcy Practitioners in Support of Venue Fairness Submitted in Support of Testimony of Douglas Rosner Before the ABI Commission to Study the Reform of Chapter 11", ABI Field Hearing, Jay Westbrook Bankruptcy Conference, November 22, 2013, Austin Texas.
- See contra, "James Patton's Statement, ABI Commission to Study Reform of Chapter 11", November 22, 2013, Austin, Texas for a comprehensive practitioner's presentation in support of the status quo of current bankruptcy venue laws.
- In re The Crosby National Golf Club, LLC, Case No. 15-41545 in the United States Bankruptcy Court for the Northern District of Texas, Fort Worth Division, Memorandum Opinion in Support of Order Granting Motion of the Crosby Estate at Rancho Santa Fe Master Association to Transfer Venue to Southern District of California, [Docket Doc. No. 187], August 3, 2015, pp 12-13.