News & Analysis as of

Debt New Legislation

Brownstein Hyatt Farber Schreck

New Era in Higher Education: Key OBBBA Changes and the Trump Administration’s Policy Shift

On July 4, President Trump signed the landmark One Big Beautiful Bill Act (H.R.1, OBBBA) into law, ushering in a sweeping set of higher education reforms. The final bill introduces a new student loan repayment...more

Ballard Spahr LLP

Congress Passes Legislation to Help Protect Veterans from Foreclosure by Reauthorizing Partial Claims with VA Home Loans

Ballard Spahr LLP on

The U.S. Senate recently passed H.R. 1815, the VA Home Loan Program Reform Act, to reauthorize partial claims with U.S. Department of Veterans Affairs (VA) guaranteed home loans. The U.S. House of Representatives passed the...more

Troutman Pepper Locke

Illinois Passes Bill Prohibiting Collection of Coerced Debt

Troutman Pepper Locke on

On May 22, Illinois House Bill 3352 passed the Illinois legislature and now awaits Governor JB Pritzker’s signature. This bill amends the Illinois Collection Agency Act to provide an individual a way to avoid liability for a...more

Frost Brown Todd

Texas HB 19 Takes Aim at Local Government Debt and Tax Practices

Frost Brown Todd on

Perhaps the most impactful public finance bill making its way through the Texas Legislature currently is House Bill 19 (HB 19). The bill is largely an amalgamation of other bills filed this session (notably, House Bill 1453...more

White & Case LLP

Capital Markets, Securitization and Debt Investment Fund Platforms: Important Luxembourg Tax Legislation Update

White & Case LLP on

As the end of 2024 draws to a close, Luxembourg aims to introduce an interesting technical update that may globally be of interest for our clients with structures in Luxembourg. On 11 December 2024, the Luxembourg...more

Proskauer Rose LLP

New York Legislature Proposes New Sovereign Debt Restructuring Bill

Proskauer Rose LLP on

The New York State Legislature recently proposed a bill, entitled the Sovereign Debt Stability Act, intended to facilitate sovereign debt restructuring. The bill, which could be brought to a vote as soon as May or June 2024,...more

Foley & Lardner LLP

Changes to General Obligation Notes Borrowing in Wisconsin: Benefits to Municipalities

Foley & Lardner LLP on

Municipalities issuing general obligation promissory notes under section 67.12 (12) of the Wisconsin Statutes may now take advantage of a statutory maximum maturity date of 20 years. 2023 Wisconsin Act 128 (the “Act”) took...more

McDermott Will & Emery

New Illinois Protections Against Patient Medical Debt May Also Help Reduce Hospital Bad Debt

McDermott Will & Emery on

Starting in mid-2024, Illinois hospitals will be required to take a much more active role in limiting consumers’ medical debt by screening all consenting uninsured patients for both public health insurance program coverage...more

McDermott+

McDermottPlus Check-Up: June 16, 2023

McDermott+ on

The House and Senate were both in session this week, with healthcare activity continuing at the committee level. The House Energy and Commerce Committee held hearings on the Pandemic and All Hazards Preparedness Act (PAHPA)...more

McDermott+

Healthcare Preview for the Week of: June 5, 2023

McDermott+ on

Debt Limit Extended . . . Now What? Late last week, Congress reached a bipartisan, bicameral deal to suspend the debt ceiling into 2025. Over the weekend, President Biden signed the bill into law, preventing the United...more

Spilman Thomas & Battle, PLLC

The Academic Advisor - Education Law Insights, Issue 5, May 2023

Summer is Coming: Are Youth Camps Part of Your Clery Compliance Program? “Regarding compliance and safety, many institutions have youth protection policies that camps must follow.” Why this is important: The Jeanne...more

Allen Matkins

New Law Seeks To Curtail Coerced Debts

Allen Matkins on

A new California law governing "coerced debt" will soon be taking effect.  This legislation, 2022 Cal. Stats. ch.  989, defines a "coerced debt" as a...more

Skadden, Arps, Slate, Meagher & Flom LLP

COVID-19: Germany Update — Suspension of Obligation To File an Insolvency Application and Certain Effects

The following article is the translation of an associated podcast, which is available in German... With the intention of mitigating the effects of the COVID-19 pandemic, the obligation of companies in Germany to file...more

Partridge Snow & Hahn LLP

Lenders Take Notice - A New Bankruptcy Subchapter Goes Into Effect February 19, 2020 - Increased Filings Expected

The Small Business Reorganization Act (SBRA) goes into effect on February 19, 2020. The SBRA creates a new Subchapter V to Chapter 11, expanding access to bankruptcy relief for small businesses. With a debt ceiling of...more

Ballard Spahr LLP

New York adopts amendments addressing collection of family member debts

Ballard Spahr LLP on

On December 28, 2018, New York Governor Cuomo signed into law amendments to the state’s General Business Law (GBL) that address the collection of family member debts.  The amendments made by Senate Bill 3491A become effective...more

Troutman Pepper Locke

Connecticut Places Additional Requirements on Judgement Lienholders

Troutman Pepper Locke on

Connecticut Governor Dannel Malloy recently signed a new bill into law that helps Connecticut consumers understand how much they would need to pay in order to satisfy a judgement lien....more

Bass, Berry & Sims PLC

Recent Legislation Means Good News for Business Development Companies

Bass, Berry & Sims PLC on

On March 23, 2018, President Trump signed into legislation the Consolidated Appropriations Act of 2018, also known as the “omnibus spending package.” Included in Title VIII therein is legislation titled the Small Business...more

Herbert Smith Freehills Kramer

Small Business Credit Availability Act Becomes Law, Allowing BDCs to Incur Significantly More Debt

On March 23, 2018, President Trump signed into law the Consolidated Appropriations Act of 2018, which contains as Title VIII thereof the Small Business Credit Availability Act. ...more

Holland & Knight LLP

New California Labor and Employment Laws for 2018

Holland & Knight LLP on

• The California Legislature passed numerous labor and employment bills that Gov. Jerry Brown signed into law in 2017. • Many of the new laws relate to wages and hours, leaves and benefits, hiring practices, health and...more

Best Best & Krieger LLP

Legislation Establishes New Reporting Requirements for State and Local Debt Obligations

Annual Reports Filed with the California Debt and Investment Advisory Commission Must Include Additional Information - State and local agencies that issue debt must now file new specified information in the annual...more

Orrick, Herrington & Sutcliffe LLP

The Impact of PROMESA on Creditors

On June 30, 2016, the United States Senate passed the “Puerto Rico Oversight, Management and Economic Stability Act” (“PROMESA”) and it was quickly signed into law by President Obama. PROMESA enables the Commonwealth of...more

21 Results
 / 
View per page
Page: of 1

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide