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Financial Institution Bankruptcy Bill Hearing Scheduled

Sharon Edmondson, Washington Legislative Team Member | July 07, 2015

On July 9, 2015 at 10 AM the House Judiciary, Subcommittee on Regulatory Reform, Commercial and Antitrust Law, will hold a hearing on the Financial Institution Bankruptcy Act of 2015.

The following is a list of the witnesses to be testifying: Donald S. Bernstein, partner, Davis Polk & Wardwell LLP, Stephen E. Hessler, partner, Kirkland & Ellis LLP, and Richard Levin, partner, Jenner & Block LLP. The bill, which will be discussed at the hearing, is to amend title 11 of the United States Code in order to facilitate the resolution of an insolvent financial institution in bankruptcy.

Read the bill here.

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