That can never happen under the circumstances we currently have in this bill because, if it got that close together, $1, or even $1,000, or $5,000, the way the bill is written they will close that up. They will not go to court over a difference of a few dollars. But in the gentleman's case they are between $50,000 and $100,000, and they will often decide that it is not fair to go to court. It will put more pressure on them to settle because of that razor sharp limitation, but in the end the decision will be made based on the difference of $1, and that is the hesitation I have with that----
Editor's note · Context
Discussing concerns about the implications of a bill on legal disputes and settlement pressures.
Share
More from Hon. George W. Gekas
I believe it was in the first week in which I operated as an assistant district attorney in Dauphin County in Pennsylvania when I had the duty of supervising an investigation and a court setting for a case evolving from wiretapping; and it…
we have seen a bevy of cases in which corporate executives plunder their own business, work with insiders, and do dastardly things in their business world. We have seen them use every kind of device known to mankind to avoid their…
Mr. Speaker, it is true that from the very first moment that we began the movement for bankruptcy reform, farmers in Chapter 12 were always one of the priorities, and not a day passed in the formation of the new bankruptcy reform bill that…
We are not certain of that. Let me assure the gentleman that indeed this deletion of the judges does not in any way sway us away from our commitment to have these judges appointed and to assume their positions as bankruptcy judges. This…





