Bankruptcy Pros Fear Chaos As Justices Return To Stern

Law360, New York (November 21, 2013, 8:11 PM EST) -- As the U.S. Supreme Court considers a case that could alter the balance of work between federal district and bankruptcy courts, members of the corporate bankruptcy community worry that a ruling limiting the scope of a bankruptcy judge’s authority could set the system back decades.

The high court said in June that it would hear Executive Benefits Insurance Agency Inc.’s appeal of the Ninth Circuit’s decision in In re: Bellingham Insurance Agency, which interpreted the high court’s 2011 decision in Stern v. Marshall to mean that...
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