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The Bankruptcy StrategistFeaturesBankruptcyLitigation

Important Amendments to the Bankruptcy Code In the Consolidated Appropriations Act

By Richard F. Broude
February 01, 2021

[Editor's Note: Richard F. Broude is working on an update for his book Reorganizations Under Chapter 11 of the Bankruptcy Code to cover The Consolidated Appropriations Act that was enacted in December and we wanted to share a preview of that update.]

A few important amendments to the Bankruptcy Code were made by the Consolidated Appropriations Act, 2021, Pub. L. No. 116-260, §1001, which was enacted on Dec. 27, 2020 (the Act). Section 365 of the Code was among those amended. These amendments are quite important; and subscribers to Reorganizations Under Chapter 11 of the Bankruptcy Code should be made cognizant of them prior to the next scheduled release in the late Spring of 2021.

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