H.R. 8393 is a proposed amendment to title 11 of the United States Code, which governs bankruptcy law. The bill aims to introduce provisions that would allow for the dismissal of a Chapter 11 bankruptcy case if it is determined that the filing is objectively futile or made in subjective bad faith. This means that if a bankruptcy filing is deemed to have no reasonable chance of success or is filed with dishonest intentions, the case can be dismissed.
Supporters of H.R. 8393 argue that the bill will help prevent the misuse of the bankruptcy system by discouraging frivolous or bad faith filings. By setting clearer standards for dismissal, the bill is seen as a way to ensure that the bankruptcy process is used fairly and efficiently, potentially saving time and resources for the courts and creditors.
Critics of H.R. 8393 express concerns that the bill might make it harder for legitimate businesses facing financial difficulties to seek relief through Chapter 11 bankruptcy. They worry that the criteria for determining 'objective futility' or 'subjective bad faith' could be applied too broadly, potentially leading to the premature dismissal of cases that deserve consideration.
The bill H.R. 8393, sponsored by Emilia Sykes, does not appear to present any direct conflicts of interest between the sponsor's donors and the bill's subject matter. No direct industry overlaps were detected in the analysis. The bill's subject matter pertains to amendments to title 11 of the United States Code, which deals with bankruptcy. The top donor industries for Emilia Sykes do not appear to be directly related to this subject matter. Furthermore, the lobbying activity in this bill's policy area does not show any significant contributions from industries related to the bill's subject matter. The disclosed amounts range from $10,000 to $50,000, but these are not from industries that would be directly affected by the bill. Therefore, based on the available data, the risk of conflicts of interest appears to be low.
Organizations that lobbied on issues related to this bill's policy area.
| Client | Lobbying Firm | Amount |
|---|---|---|
| PLAINS ALL AMERICAN GP LLC | PLAINS ALL AMERICAN GP LLC | $100,000 |
| FLANDREAU SANTEE SIOUX TRIBE | PEEBLES BERGIN FKA PEEBLES KIDDER | $50,000 |
| UNITED FOOD & COMMERCIAL WORKERS LOCAL 328 | MAYFORTH GROUP, LLC. | $30,000 |
| INTERNATIONAL MYELOMA FOUNDATION | INTERNATIONAL MYELOMA FOUNDATION | $23,005 |
| TOWN OF MIDDLETOWN | MAYFORTH GROUP, LLC. | $16,000 |
| TOWN OF NEW SHOREHAM | MAYFORTH GROUP, LLC. | $13,500 |
| JOHNSON & WALES UNIVERSITY | MAYFORTH GROUP, LLC. | $12,000 |
| UA PLUMBERS & PIPEFITTERS - LOCAL 51 | MAYFORTH GROUP, LLC. | $10,000 |
| COMMON SENSE MEDIA | COMMON SENSE MEDIA | $5,000 |
| NORTHWEST PUBLIC POWER ASSOCIATION | NICOLE CASE | undisclosed |
| GENERAL ATOMICS, ELECTROMAGNETIC SYSTEMS | ALYCIA FARRELL | undisclosed |
| RAND CORPORATION | MERCURY PUBLIC AFFAIRS, LLC | undisclosed |
| THE CORMAC GROUP OBO THE BELL LEGAL GROUP | MR. DANIEL WEISS | undisclosed |
| A16Z CAPITAL MANAGEMENT | STERNHELL GROUP | undisclosed |
| CHROMADEX | POLICY IMPACT COMMUNICATIONS, INC. | undisclosed |
Source: Senate Lobbying Disclosure Act (LDA) filings, 2026
Top industries funding Emilia Sykes, ranked by total contributions.
Source: OpenSecrets.org (Center for Responsive Politics)