To: President Donald Trump, The United States House of Representatives, and The United States Senate
Bankruptcy Delay for Negligent Hazardous Material Companies
This petition requests: a modification to the United States Bankruptcy Code as applicable - to delay or deny negligent hazardous material companies and transportation haulers, from asserting or in any way utilizing bankruptcy protections - for (5) years following any negligence resulting in a serious health hazard; personal injury; large-scale contamination or death. Further, that an amplification for gross misconduct be applied: where the finding in any federal court results in a felony conviction - bankruptcy protections shall be denied.
Why is this important?
After learning that Freedom Enterprises, (responsible for W. Virginia's massive chemical spill, leaving at risk more than 300 thousand Americans) has filed for bankruptcy protection long before the impacts are even known -- this was my final straw. While it's not shocking that a known dangerous company is attempting to shore-up its losses and duck financial responsibility after a catastrophe, what is shocking: is that American taxpayers will pickup the costs after the defunct company's immediate assets are exhausted. But the truth is: too many corporate protections block Americans from reaching the source of very deep and untrustworthy pockets.
As a result: the injured; the taxpayer; the creditor; the worker; the investor; -all one in the same - without political divide - suffer while the same offenders launch another potentially deadly enterprise with impunity.
This American urges you to exercise your constitutional right to petition our government. It's time to act responsibly and close the financial-escape-hatch for corporate wrongdoing.
As a result: the injured; the taxpayer; the creditor; the worker; the investor; -all one in the same - without political divide - suffer while the same offenders launch another potentially deadly enterprise with impunity.
This American urges you to exercise your constitutional right to petition our government. It's time to act responsibly and close the financial-escape-hatch for corporate wrongdoing.