Posted: March 20, 2003
GIVES STATE BANKRUPTCY JUDGES
WASHINGTON -- Delaware Congressman Michael N.
Castle praised passage of comprehensive bankruptcy reform
legislation, which was approved Wednesday by the U.S. House of
The legislation will improve national
bankruptcy standards and provide four new bankruptcy judges for
Delaware. The bill also needs Senate approval.
During debate on the legislation, Congressman
Castle successfully led the fight to defeat an amendment, which
sought to shift commercial bankruptcy cases away from Delaware.
Congressman Castle said, "Reform of our
bankruptcy laws is necessary to protect both consumers and
businesses. Because of its strong reputation as a fair venue for
hearing bankruptcy cases, it is clear that the State of Delaware has
an overwhelming need for additional bankruptcy judges. Delaware has
more bankruptcy filings per judgeship than any other district in the
United States. The new judges will help to maintain the current
reputation for service and quality."
In 1999, legal services contributed $443
million to the Delaware economy, but the high caseload burden has
forced many bankruptcy cases out-of-state in recent years.
Castle has worked to secure additional
bankruptcy judges for Delaware for a number of years. In 1999, the
Congressman testified before a joint hearing of House and Senate
Judiciary Subcommittees regarding the need for additional bankruptcy
judges in Delaware, saying the State's two judges are overloaded
with cases. Last year, Congressman Castle convinced House Judiciary
Chairman Jim Sensenbrenner to include four additional judgeships for
Delaware in the House Bankruptcy legislation.
"This legislation is a significant boost for
the First State," said Congressman Castle. "These judges will bring
relief to our current bankruptcy judges, while bringing new jobs to
Congressman Castle concluded, "Delaware's two
current bankruptcy judges often spend over eight hours a day on the
bench and countless hours researching and preparing for the cases.
I am pleased that the legislation passed today includes the
additional judges that are so critical to help relieve our current
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