YBK [Part 10]: U.S.A. Today has an interesting primer on how the changes in the bankruptcy law effect the ability of businesses to seek Chapter 11, along with the now-routine prediction that we will see a greater increase in such filings as we draw closer to October 17. To put it simply, the new law imposes mandatory time limits for compelling a company to assume or reject leases, and allowing a debtor to propose a reorganization plan, which will necessitate almost immediate access to credit post-petition. Actually, these changes, which aren't all that bad, as a whole, have little to do with the YBK problem, which deals with the unholy conjunction of increased consumer filings with the collapse in the housing market, but it is yet another worry for the economy as the fall months draw nigh.