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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.
Baker Botts L.L.P. v. ASARCO LLC, 576 U.S. 121 (2015), was a United States Supreme Court case in which the Court held that Section 330(a)(1) of the Bankruptcy Code does not permit bankruptcy courts to award attorney's fees for work performed while defending fee applications.
It looks like brick and mortar book stores will be taking a giant step closer to extinction this month, as Borders is expected to declare bankruptcy, close up to 150 stores, and lay off thousands.
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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 ...
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]
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 ...