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11 U.S.C. § 1188 — Status conference

submitted 7 years ago by Pub. L. 116-54 to r/title-11-BANKRUPTCY · 140 words · no verdicts yet

in plain englishAI-generated · not legal advice

The court generally must hold a status conference within 60 days after the order for relief, and the debtor must report on efforts toward a consensual plan.

(a) The court must hold the conference within 60 days. (b) It may extend the time for circumstances for which the debtor should not fairly be responsible. (c) Fourteen days before the conference, the debtor must file and serve a report detailing efforts made and planned to obtain a consensual reorganization plan.

the actual law source: uscode.house.gov ↗public domain
(a)In General.—

Except as provided in subsection (b), not later than 60 days after the entry of the order for relief under this chapter, the court shall hold a status conference to further the expeditious and economical resolution of a case under this subchapter.

(b)Exception.—

The court may extend the period of time for holding a status conference under subsection (a) if the need for an extension is attributable to circumstances for which the debtor should not justly be held accountable.

(c)Report.—

Not later than 14 days before the date of the status conference under subsection (a), the debtor shall file with the court and serve on the trustee and all parties in interest a report that details the efforts the debtor has undertaken and will undertake to attain a consensual plan of reorganization.

Source credit: (Added Pub. L. 116–54, § 2(a), Aug. 23, 2019, 133 Stat. 1081.)

history & why it existsrecord from the source credit
  • 2019Enacted · Pub. L. 116-54 · 133 Stat. 1081

A history note hasn’t been published yet. The record shows enactment by Pub. L. 116-54 on 2019-08-23.

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