Radlax — 'An Easy Case'

Law360, New York (July 10, 2012, 12:36 PM EDT) -- “This is an easy case,” Justice Antonin Scalia wrote in his brief, 12-page, May 29, 2012, opinion that settles the issue of whether the Bankruptcy Code grants the secured creditor a right to credit bid in an auction sale under a plan. See Radlax Gateway Hotel LLC v. Amalgamated Bank, 132 S. Ct. 2065 (May 29, 2012).

However, interestingly, the opinion barely mentions the infamous Philadelphia News[1] decision from the Third Circuit which was effectively overruled by the Supreme Court, putting to rest a split in...
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