Bill Type
Long Title
AN ACT PROVIDING FOR DEBT-RELIEF MEASURES TO REHABILITATE FINANCIALLY DISTRESSED ENTERPRISES AND FOR OTHER PURPOSES
Congress Author
Date filed
August 3, 2004
Scope

Legislative History

House Bill/Resolution NO. HB02073
FULL TITLE : AN ACT PROVIDING FOR DEBT-RELIEF MEASURES TO REHABILITATE FINANCIALLY DISTRESSED ENTERPRISES AND FOR OTHER PURPOSES
SHORT TITLE : Corporate Recovery Act
ABSTRACT : "Corporate Recovery Act." The bill offers distraught enterprises debt-relief measures that will secure their survival and, at the same time, protect the rights of creditors with duly registered liens against the assets of these enterprises.
PRINCIPAL AUTHOR/S : DEFENSOR, MATIAS JR. V.
DATE FILED : 2004-08-03
SIGNIFICANCE: NATIONAL
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON BANKS AND FINANCIAL INTERMEDIARIES ON 2004-08-10
SECONDARILY REFERRED TO THE COMMITTEE(S) ON ECONOMIC AFFAIRS

Abstract

"Corporate Recovery Act." The bill offers distraught enterprises debt-relief measures that will secure their survival and, at the same time, protect the rights of creditors with duly registered liens against the assets of these enterprises.'

Disclaimer

Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.