October 27, 2021

Supreme Court Passes on Opportunities To Provide Guidance on Important Bankruptcy Law Questions—Until 'Purdue Pharma' | New York Law Journal - Law.com

Corinne Ball, with Jones Day. Courtesy photo
Corinne Ball, with Jones Day. Courtesy photo

The U.S. Supreme Court began its 2021-2022 term this month with a schedule that includes no bankruptcy matters. Although four cases presenting important bankruptcy issues were teed up for the court’s consideration this term, the court denied certiorari for each. These petitions involved open questions on states’ powers to assert sovereign immunity in the bankruptcy arena, the extent to which federal bankruptcy law preempts certain state-law causes of action, and the judicially created doctrine of equitable mootness. Each of these areas involve splits among the circuit courts of appeals, influencing choice of venue and the extent to which bankruptcy decisions are subject to meaningful appeal.

A fifth bankruptcy-related certiorari petition remains pending and may still be taken up this term. Petitioners challenged a 2018 increase in the fees charged by the U.S. Trustee program as a violation of the Constitutional requirement of uniform bankruptcy laws. This is not likely among the issues at the top of most practitioner’s wish lists, especially as Congress has already addressed the alleged Constitutional infirmity on a prospective basis.

Want to continue reading?
Become an ALM Digital Reader for Free!

  • Free access to 1 article* every 30 days
  • Access to the entire ALM network of websites
  • Unlimited access to the ALM suite of newsletters
  • Build custom alerts on any search topic of your choosing
  • Search by a wide range of topics

Already have an account? Sign In Now

*May exclude premium content



source: https://www.law.com/newyorklawjournal/2021/10/27/supreme-court-passes-on-opportunities-to-provide-guidance-on-important-bankruptcy-law-questions-until-purdue-pharma/

Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.