September 13, 2019 | Fairfax, Virginia - The National Bankruptcy Conference ("NBC") is a non-profit, non-partisan, self-supporting organization of more than sixty lawyers, law professors and bankruptcy judges who are leading scholars and practitioners in the field of bankruptcy law. Its primary purpose is to advise Congress on the operation of bankruptcy and related laws and any proposed changes to those laws.
On August 23, 2019, President Trump signed into law the Small Business Reorganization Act of 2019 (
. The NBC issued a statement strongly in support of the Act when it was introduced. This Act is in large part the result of hard work by the NBC over a number of years.
As enacted, the Act incorporates much of the NBC's recommended provisions and also reflects continued input by NBC conferees directly with staff on Capitol Hill. We are quite pleased with the outcome which reflects the extended, dedicated work of the Conference and of individual conferees both now and in the past.