,,ii #aah? ,,congress #b;d ,session ,s4 #djie ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,april #aj1 #bjbd,mr4 ,mc,connell 7= himself1 ,mr4 ,cotton1 & ,mr4 ,tillis7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ! ,judici>y ,a ,,bill ,to am5d title #bh1 ,unit$ ,/ates ,code1 to limit ! au?ority ( di/rict c\rts to provide injunctive relief1 to modify v5ue requirem5ts relat+ to bankruptcy proce$+s1 & to ensure t v5ue 9 pat5ts cases is fair & prop]1 & = o!r purposes44 #a4 ,%ort titles ,?is ,act may be cit$ z ! ,/op ,help+ ,outcome ,pref]5ces ,act or ! ,,%op ,act4 #b4 ,nationwide injunction abuse prev5tion 7a7 ,9 g5]al ,*apt] #he ( title #bh1 ,unit$ ,/ates ,code1 is am5d$ by add+ at ! end ! foll[+3 #acgj4 ,limitation on au?ority to provide injunctive relief ,not)/&+ any o!r provision ( law1 a di/rict c\rt may n issue any ord] provid+ injunctive relief unless su* ord] is applicable only to-- 7#a7 ! p>ties to ! case be=e ! c\rt2 or 7#b7 simil>ly situat$ individuals 9 ! judicial di/rict 9 :i* ! di/rict c\rt has jurisdiction4 4 7b7 ,cl]ical am5dm5t ,! *apt] analysis = *apt] #hd ( title #bh1 ,unit$ ,/ates ,code1 is am5d$ by add+ at ! end ! foll[+3 #acgj4 ,limitation on au?ority to provide injunctive relief4 4 #c4 ,prev5t+ judge %opp+ 7a7 ,9 g5]al ,*apt] #aca ( title #bh1 ,unit$ ,/ates ,code1 is am5d$ by ins]t+ aft] section #bjge ! foll[+3 #bjgf4 ,prev5t+ judge %opp+ 7a7 ,9 g5]al ,rules promulgat$ "u ?is *apt] may n p]mit an attorney to be admitt$ to practice 9 any ,f$]al c\rt if a discipl9>y body ( judges prop]ly con/itut$ "u ! rules & proc$ures ( a ,f$]al c\rt det]m9es t su* attorney has engag$ 9 judge %opp+4 7b7 ,def9$ t]m ,9 ?is section1 ! t]m judge %opp+ means attempt+ to int]f]e ) a c\rt's case assignm5t process = ! purpose ( influ5c+ ! assignm5t ( a p>ticul> judge to preside ov] a p>ticul> case by-- 7#a7 engag+ 9 ex p>te communications ) a judge or a judge's *amb]s2 7#b7 successive fil+ ( mat]ially id5tical suits )9 a ,/ate1 di/rict1 or circuit )\t good cause2 7#c7 successive fil+ ( mat]ially id5tical suits ) diff]5t pla9tiffs2 7#d7 improp]ly m>k+ a suit z a relat$ case "u exi/+ c\rt docket+ practices2 or 7#e7 o!rwise attempt+ to *ange ! assignm5t ( a case aft] its fil+1 except+ a motion to recuse4 4 7b7 ,cl]ical am5dm5t ,! *apt] analysis = *apt] #aca ( title #bh1 ,unit$ ,/ates ,code1 is am5d$ by ins]t+ aft] ! item relat+ to section #bjge ! foll[+3 #bjgf4 ,prev5t+ judge %opp+4 4 #d4 ,bankruptcy v5ue re=m 7a7 ,%ort title ,?is section may be cit$ z ! ,bankruptcy ,v5ue ,re=m ,act ( #bjbd4 7b7 ,f9d+s ,congress f9ds ! foll[+3 7#a7 ,bankruptcy laws provide a numb] ( v5ue options = fil+ bankruptcy "u *apt] #aa ( title #aa1 ,unit$ ,/ates ,code1 includ+1 ) respect to ! entity fil+ bankruptcy-- 7,a7 any di/rict 9 :i* ! place ( incorporation ( ! entity is locat$2 7,b7 any di/rict 9 :i* ! pr9cipal place ( bus9ess or pr9cipal assets ( ! entity are locat$2 & 7,c7 any di/rict 9 :i* an affiliate ( ! entity has fil$ a p5d+ case "u title #aa1 ,unit$ ,/ates ,code4 7#b7 ,! wide range ( p]missible bankruptcy v5ue options has l$ to an increase 9 companies fil+ = bankruptcy outside ( ! di/rict 9 :i* ! pr9cipal place ( bus9ess or pr9cipal assets ( ! company is locat$1 a practice t is commonly kn[n z =um %opp+4 7#c7 ,=um %opp+-- 7,a7 has result$ 9 a conc5tration ( bankruptcy cases 9 a limit$ numb] ( judicial di/ricts2 7,b7 prev5ts small bus9esses1 employees1 retirees1 cr$itors1 & o!r important /akehold]s f fully p>ticipat+ 9 bankruptcy cases t h trem5d\s impacts on _! lives1 communities1 & local economies2 & 7,c7 deprives di/rict c\rts ( ! ,unit$ ,/ates & c\rts ( appeals ( ! ,unit$ ,/ates ( ! opportunity to contribute to ! developm5t ( bankruptcy law 9 ! jurisdictions ( ^? di/rict c\rts4 7#d7 ,r$uc+ ! incid5ce ( =um %opp+ 9 ! bankruptcy sy/em w /r5g!n ! integrity (1 & build public confid5ce & ensure fairness 91 ! bankruptcy sy/em4 7c7 ,purpose ,! purpose ( ?is section is to prev5t ! practice ( =um %opp+ 9 bankruptcy cases fil$ "u *apt] #aa ( title #aa1 ,unit$ ,/ates ,code4 7d7 ,v5ue ( cases "u title #aa ,title #bh1 ,unit$ ,/ates ,code1 is am5d$-- 7#a7 by am5d+ #adjh to read z foll[s3 #adjh4 ,v5ue ( cases "u title #aa 7a7 ,pr9cipal place ( bus9ess ) respect to c]ta9 entities 7#a7 ,9 g5]al ,except z provid$ 9 p>agraph 7#b71 = ! purposes ( ?is section1 if any entity is subject to ! report+ requirem5ts "u section #ac or #ae7;d7 ( ! ,securities ,ex*ange ,act ( #aicd 7#ae ,u4,s4,c4 #ghm & #gho7d771 ! t]m pr9cipal place ( bus9ess1 ) respect to su* entity1 means ! address ( ! pr9cipal executive (fice ( ! entity1 z /at$ 9 ! la/ annual report fil$ "u su* ,act be=e ! comm5cem5t ( a case "u title #aa ( :i* ! entity is ! subject4 7#b7 ,exception ,) respect to an entity describ$ 9 p>agraph 7#a71 ! def9ition ( pr9cipal place ( bus9ess %all apply1 = purposes ( ?is section1 unless ano!r address is %[n1 by cle> & conv9c+ evid5ce1 to be ! pr9cipal place ( bus9ess ( su* entity4 7b7 ,v5ue ,except z provid$ 9 section #adaj1 a case "u title #aa may be comm5c$ only 9 ! di/rict c\rt = ! di/rict-- 7#a7 9 :i* ! domicile1 resid5ce1 or pr9cipal assets 9 ! ,unit$ ,/ates ( an individual :o is ! subject ( ! case h be5 locat$-- 7,a7 dur+ ! #ahj-;day p]iod imm$iately prec$+ su* comm5cem5t2 or 7,b7 = a long] portion ( su* #ahj-;day p]iod ?an ! domicile1 resid5ce1 or pr9cipal assets 9 ! ,unit$ ,/ates ( ! individual 7 locat$ 9 any o!r di/rict2 7#b7 9 :i* ! pr9cipal place ( bus9ess or pr9cipal assets 9 ! ,unit$ ,/ates ( an entity1 o!r ?an an individual1 t is ! subject ( ! case h be5 locat$-- 7,a7 dur+ ! #ahj-;day p]iod imm$iately prec$+ su* comm5cem5t2 or 7,b7 = a long] portion ( su* #ahj-;day p]iod ?an ! pr9cipal place ( bus9ess or pr9cipal assets 9 ! ,unit$ ,/ates ( ! entity 7 locat$ 9 any o!r di/rict2 or 7#c7 9 :i* !re is p5d+ a case "u title #aa conc]n+ an affiliate t directly or indirectly owns1 controls1 or holds #ej p]c5t or m ( ! out/&+ vot+ securities (1 or is ! g5]al p>tn] (1 ! entity t is ! subject ( ! lat] fil$ case1 b only if ! p5d+ case 0 prop]ly fil$ 9 su* di/rict 9 accordance ) ?is section4 7c7 ,limitations 7#a7 ,9 g5]al ,= purposes ( p>agraphs 7#b7 & 7#c7 ( subsection 7b71 no effect %all be giv5 to a *ange 9 ! own]%ip or control ( an entity t is ! subject ( ! case1 or ( an affiliate ( su* entity1 or to a transf] ( ! pr9cipal place ( bus9ess or pr9cipal assets 9 ! ,unit$ ,/ates1 or to ! m]g]1 dissolution1 sp9(f1 or divisive m]g] ( an entity t is ! subject ( ! case1 or ( an affiliate ( su* entity1 to ano!r di/rict1 if su* ev5t takes place-- 7,a7 dur+ ! #a-ye> p]iod imm$iately prec$+ ! date on :i* ! case is comm5c$2 or 7,b7 = ! purpose1 9 :ole or 9 "p1 ( e/abli%+ v5ue4 7#b7 ,pr9cipal assets 7,a7 ,pr9cipal assets ( an entity o!r ?an an individual ,= purposes ( subsection 7b77#b7 & p>agraph 7#a7 ( ?is subsection-- 7i7 ! t]m pr9cipal assets does n include ca% or ca% equival5ts2 & 7ii7 any equity int]e/ 9 an affiliate is locat$ 9 ! di/rict 9 :i* ! hold] ( ! equity int]e/ has its pr9cipal place ( bus9ess 9 ! ,unit$ ,/ates1 z det]m9$ 9 accordance ) subsection 7b77#b74 7,b7 ,equity int]e/s ( individuals ,= purposes ( subsection 7b77#a71 if ! hold] ( any equity int]e/ 9 an affiliate is an individual1 ! equity int]e/ is locat$ 9 ! di/rict 9 :i* ! domicile or resid5ce 9 ! ,unit$ ,/ates ( ! hold] ( ! equity int]e/ is locat$1 z det]m9$ 9 accordance ) subsection 7b77#a74 7d7 ,burd5 ( pro( ,on any objection to1 or reque/ to *ange1 v5ue "u p>agraph 7#b7 or 7#c7 ( subsection 7b7 ( a case "u title #aa1 ! entity t comm5ces ! case %all be> ! burd5 ( e/abli%+1 by cle> & conv9c+ evid5ce1 t v5ue is prop] "u ?is section4 7e7 ,out-(-,/ate admission = gov]nm5t attorneys ,! ,supreme ,c\rt %all prescribe rules1 9 accordance ) section #bjge1 = cases or proce$+s aris+ "u title #aa1 or aris+ 9 or relat$ to cases "u title #aa1 to all[ any attorney repres5t+ a gov]nm5tal unit to be p]mitt$ to appe> on behalf ( ! gov]nm5tal unit & int]v5e )\t *>ge1 & )\t meet+ any requirem5t "u any local c\rt rule relat+ to attorney appe>ances or ! use ( local c\nsel1 be=e any bankruptcy c\rt1 di/rict c\rt1 or bankruptcy appellate panel4 2 & 7#b7 to am5d section #adab to read z foll[s3 #adab4 ,*ange ( v5ue 7a7 ,9 g5]al ,not)/&+ t a case or proce$+ "u title #aa1 or aris+ 9 or relat$ to a case "u title #aa1 is fil$ 9 ! correct division or di/rict1 a di/rict c\rt may transf] ! case or proce$+ to a di/rict c\rt 9 ano!r di/rict or division-- 7#a7 9 ! int]e/ ( ju/ice2 or 7#b7 = ! conv5i5ce ( ! p>ties4 7b7 ,incorrectly fil$ cases or proce$+s ,if a case or proce$+ "u title #aa1 or aris+ 9 or relat$ to a case "u title #aa1 is fil$ 9 a division or di/rict t is improp] "u section #adjh7;b71 ! di/rict c\rt %all-- 7#a7 imm$iately dismiss ! case or proce$+2 or 7#b7 if x is 9 ! int]e/ ( ju/ice1 imm$iately transf] ! case or proce$+ to any di/rict c\rt = any di/rict or division 9 :i* ! case or proce$+ c\ld h be5 br\ght "u su* section4 7c7 ,objections & reque/s relat+ to *anges 9 v5ue ,n lat] ?an #ad days aft] ! fil+ ( an objection to1 or a reque/ to *ange1 v5ue ( a case or proce$+ "u title #aa1 or aris+ 9 or relat$ to a case "u title #aa1 ! c\rt %all ent] an ord] grant+ or d5y+ su* objection or reque/4 4 #e4 ,v5ue equity 9 pat5t cases 7a7 ,%ort title ,?is section may be cit$ z ! ,v5ue ,equity & ,non-,uni=mity ,elim9ation ,act ( #bjbd4 7b7 ,am5dm5t ,section #adjj7;b7 ( title #bh1 ,unit$ ,/ates ,code1 is am5d$ to read z foll[s3 7b7 ,not)/&+ subsections 7b7 & 7c7 ( section #acia1 any civil action = pat5t infr+em5t or any action = a decl>atory judgm5t t a pat5t is invalid or n infr+$ may be br\ght only 9 a judicial di/rict-- 7#a7 9 :i* ! def5dant has its pr9cipal place ( bus9ess or is incorporat$2 7#b7 9 :i* ! def5dant has committ$ an act ( infr+em5t ( a pat5t 9 suit & has a regul> & e/abli%$ physical facility t gives rise to su* act ( infr+em5t2 7#c7 9 :i* ! def5dant has agre$ or cons5t$ to be su$ 9 su* action2 7#d7 9 :i* an inv5tor nam$ on ! pat5t 9 suit conduct$ rese>* or developm5t t l$ to ! application = ! pat5t 9 suit2 7#e7 9 :i* a p>ty has a regul> & e/abli%$ physical facility t su* p>ty controls & op]ates1 n prim>ily = ! purpose ( creat+ v5ue1 & has-- 7,a7 engag$ 9 managem5t ( significant rese>* & developm5t ( an inv5tion claim$ 9 a pat5t 9 suit be=e ! effective fil+ date ( ! pat5t2 7,b7 manufactur$ a tangible product t is alleg$ to embody an inv5tion claim$ 9 a pat5t 9 suit2 or 7,c7 implem5t$ a manufactur+ process = a tangible good 9 :i* ! process is alleg$ to embody an inv5tion claim$ 9 a pat5t 9 suit2 or 7#f7 9 ! case ( a =eign def5dant t does n meet ! requirem5ts ( p>agraph 7#a7 or 7#b71 9 accordance ) section #acia7;c77#c74 4 7c7 ,m&amus relief ,= ! purpose ( det]m9+ :e!r relief may issue "u section #afea ( title #bh1 ,unit$ ,/ates ,code1 a cle>ly & indisputably errone\s d5ial ( a motion "u section #adjf7;a7 ( su* title to dismiss or transf] a case on ! basis ( section #adjj7;b7 ( su* title %all be deem$ to cause irrem$iable int]im h>m4 7d7 ,telework]s ,! dwell+ or resid5ce ( an employee or contractor ( a def5dant :o works at su* dwell+ or resid5ce %all n con/itute a regul> & e/abli%$ physical facility ( ! def5dant = purposes ( section #adjj7;b77#b7 ( title #bh1 ,unit$ ,/ates ,code1 z add$ by subsection 7a74