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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 statute was again invoked on April 1, 2024, when MV Dali owner Grace Ocean Private and crew manager Synergy Marine Group filed a joint petition in the Maryland U.S. District Court to limit their liability to about $43.6 million under the Act, [29] following the Francis Scott Key Bridge collapse.
United States bankruptcy courts are courts created under Article I of the United States Constitution. [1] The current system of bankruptcy courts was created by the United States Congress in 1978, effective April 1, 1984. [2] United States bankruptcy courts function as units of the district courts and have subject-matter jurisdiction over ...
The Bankruptcy Judge rejected these arguments. Marrama appealed to the Bankruptcy Appellate Panel for the First Circuit, which affirmed the lower court's ruling. [3] On appeal from the panel, the full First Circuit Court of Appeals affirmed, rejecting the argument that §706(a) gives a Chapter 7 debtor an absolute right to convert to Chapter 13 ...
Outboard Marine Corporation sometimes referred to as Outboard Motor Company was formed in 1929 when ELTO was merged with Lockwood-Ash Motor Company. They began using the name OMC in 1956. Outboard Marine Corporation was the world's largest manufacturer and supplier of outboard motors and second largest producer of powerboats.
Forever 21 is closing stores as the fast-fashion retailer's U.S. operator is considering bankruptcy, five years after the company escaped Chapter 11, according to multiple reports.
It is unclear if the retail stores plan to close by Feb. 16., but a separate declaration supporting the bankruptcy said Liberated Brands had about $3.3 million of cash on hand on Monday, which ...
Lewis & Clark Marine, Inc., 531 U.S. 438 (2001), was a decision by the Supreme Court of the United States involving an injunction under the Limitation of Liability Act and whether a district court acted properly in dissolving it.