Ending Corporate Bankruptcy Abuse Act of 2024

This bill amends Chapter 11 bankruptcy rules to prevent corporate misuse of bankruptcy proceedings. It requires courts to dismiss or convert cases within 24 months of filing and establishes new grounds for dismissal, including cases that are not likely to succeed (objectively futile) or filed to delay creditors, gain tactical advantages, or cap liability for certain claims. The bill also protects specific "protected claims," such as product liability claims affecting 100+ people or claims against affiliated entities (e.g., parent companies), allowing creditors to pursue these outside the automatic bankruptcy stay. These changes apply to cases filed after the bill's enactment, aiming to ensure bankruptcy is used for reorganization, not to avoid legitimate creditor obligations.