On November 6, the Supreme Court will hear arguments in a case only a lawyer--and probably only a commercial or bankruptcy lawyer--could love, Merit Management Group v. FTI Consulting . Simplifying quite a bit, the issue is whether a payment by wire ... Read full article
It was not at all surprising that, for his first (traditionally unanimous) opinion, in Henson v. ... Read full article
Statutory interpretation enthusiasts: prepare to nerd out on an issue on which the Court has a cert petition pending . The question involves the federal jurisdictional bar to Medicare challenges. Let’s start with the text : ... Read full article
The Supreme Court got it right in Midland Funding LLC v. Johnson , which holds that it is not a violation of the Fair Debt Collection Practices Act to file a proof of claim in a Chapter 13 bankruptcy based on a debt whose statute of limitations has ... Read full article
Just a cross-posting note: Jonathan Lipson and I comment on the U.S. Supreme Court's Jevic decision at the Harvard Law School Corporate Bankruptcy Roundtable . ... Read full article
The Supreme Court ruled today in Expressions Hair Design v. Schneiderman . The Court unanimously ruled for the merchant plaintiff that was challenging New York State's no-surcharge law on the basis that a law criminalizing credit surcharges (but not ... Read full article
Just a handful of modern big-city bankruptcies have revealed foundational questions about chapter 9's fit within federal courts and constitutional jurisprudence. ... Read full article
Does the Obama White House truly stand for consumer financial protection, or will it support Wall Street when it thinks no one is looking? That's the question that the Supreme Court served up today. The Supreme Court is considering whether to hear ... Read full article
One problem complicating any resolution of Puerto Rico's financial distress is that there are a multiplicity of issuers. There are separate claims on separate issuers, and it won't work to resolve just some of them, as they are all ultimately ... Read full article
So I've been off the grid for a few weeks, and of course after months of little to talk about, the world gave us a bounty of stories about financial distress, and related topics, each of which would merit its own post. But I'm going to hit them ... Read full article
