Justices To Consider Restoring Ch. 11 Jurisdiction
By Andrew Scurria (January 12, 2015, 8:57 PM EST) -- The constitutional authority of bankruptcy courts rests on a complex jurisdictional case before the U.S. Supreme Court this week that attorneys hope will end in the reversal of a Seventh Circuit rule crippling the power of Chapter 11 courts to decide even "core" bankruptcy disputes.
For the third time since 2011, the high court will wade into the scope of bankruptcy jurisdiction on Wednesday when it hears oral arguments in Wellness International Network Ltd. v. Sharif, a case that could clear up considerable confusion in the restructuring community over which matters can be decided in Chapter 11 and which need an...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!