avoidance – Binding the Law

9 March 2018

United States Supreme Court holds safe harbor to bankruptcy trustee avoidance power does apply when financial institutions are mere conduits; allows the United States to participate in an original jurisdiction case between states involving a water compact; affirms dismissal of case based on statute passed during the appeals process mandating dismissal; and holds bankruptcy nonstatutory insider decisions are reviews for clear error.

by William Gaskill