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SCS Credit Corp., 541 U.S. 465 (2004), was a decision by the United States Supreme Court regarding a cramdown in the value of a loan during a Chapter 13 bankruptcy. The "decision that had no majority opinion, four justices held that the proper rate was the 9.5 percent one arrived at by modifying the average national loan rate to make up for the ...
This is a list of Supreme Court of the United States cases in the area of bankruptcy. This list is a list solely of United States Supreme Court decisions about applying law related to bankruptcy. Not all Supreme Court decisions are ultimately influential and, as in other fields, not all important decisions are made at the Supreme Court level.
The inevitable has finally happened: Borders Books filed for Chapter 11 bankruptcy protection today. The nation's second largest bookseller plans to close hundreds of stores and reduce costs in ...
The ALWD Guide to Legal Citation is published as a spiral-bound book as well as an online version. It primarily competes with the Bluebook style, a system developed and still updated by law reviews students at Harvard, Yale, University of Pennsylvania, and Columbia. Citations in the two formats are essentially identical. [1]
Bierley, who has worked for Borders since 1996, exits the company 18 months after being named CFO and just two months after being appointed COO. The news also comes only nine days before Borders ...
Marrama's argument was that he had an absolute right to convert his case from Chapter 7 to Chapter 13 under the plain language of §706(a) of the Code. [ 6 ] Citizens Bank argued that the statute uses the word “may” rather than “shall,” leaving room for the courts, in their discretion, to construe a "bad faith" exception to the general ...
In March 1999, LexisNexis released an online version, named Shepard's Citation Service. [7] While print versions of Shepard's remain in use, their use is declining. Although learning to Shepardize in print was once a rite of passage for all first-year law students, [2] the Shepard's Citations booklets in hardcopy format are cryptic compared to the online version, because of the need to cram as ...
Chapter 15 incorporates the Model Law on Cross Border Insolvency drafted by the United Nations Commission on International Trade Law.The law provides solutions to problems which arise in connection with cross-border bankruptcy, allowing US courts to issue subpoenas, orders to turn over assets, stays on pending actions, and orders of other types as circumstances dictate.