The US Supreme Court Rulings
In 2017 the Supreme Court decided Czyzewski v. Jevic Holding Corporation. The Supreme Court held that when a bankruptcy court orders a Chapter 11 case dismissed, it can’t also order the distribution of the debtor’s assets in a way that contradicts the order of payment in a bankruptcy liquidation. This was a creative way to avoid the “absolute priority rule,” which has caused problems for many individual Chapter 11s.
The Supreme Court issued some significant rulings in 2013.
Voting Rights Act. The Supreme Court struck down a key part of the Voting Rights Act of 1965 — the map that determines which states must get federal permission before they change their voting laws. Civil rights activists called the decision devastating. Read more.
Defense of Marriage Act. The Supreme Court struck down the heart of the Defense of Marriage Act, the 1996 federal law that prohibits married same-sex couples from receiving federal benefits. Read more.
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