H.Con.Res. 184 · 111th Congress
Expressing the sense of the Congress that the bankruptcy proceedings of Lehman Brothers Holding Inc. and…
Full title
Expressing the sense of the Congress that the bankruptcy proceedings of Lehman Brothers Holding Inc. and Lehman Brothers Europe Inc. be resolved in an equitable and expeditious process between the United States and United Kingdom, and that the interests of American investors be given due consideration and be treated with urgency throughout.
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Never voted on. It didn't reach a floor vote before the 111th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
MeeksSponsorNo cosponsors.
Expresses the sense of Congress that: (1) Lehman Brothers Holding Inc. and Lehman Brothers Europe Inc.
What it does: CRS summary · Introduced in House · Sep 14, 2009
Expresses the sense of Congress that: (1) Lehman Brothers Holding Inc. and Lehman Brothers Europe Inc. bankruptcy administrators in the United States and United Kingdom should establish an international framework for coordinating bankruptcy proceedings among the business holdings and operations in each country; (2) the Securities and Exchange Commission (SEC) should dedicate sufficient resources to ensure an expedited resolution serving the interest of American investors in an equitable manner; and (3) there should be increased cooperation among the various Lehman Brothers entities as well as the respective U.S. and United Kingdom regulatory agencies to insure the swift return of customer assets held in Lehman Brothers Europe Inc.'s prime brokerage unit.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Expressing the sense of the Congress that the bankruptcy proceedings of Lehman Brothers Holding Inc. and Lehman Brothers Europe Inc. be resolved in an equitable and expeditious process between the United States and United Kingdom, and that the interests of American investors be given due consideration and be treated with urgency throughout.
Latest action (Oct 19, 2009): Referred to the Subcommittee on Commercial and Administrative Law.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Sep 14, 2009
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.