Supreme Court Likely to Decide Whether ‘Structured Dismissals’ Are Permissible

May 25, 2016

Supreme Court Likely to Decide Whether ‘Structured Dismissals’ Are Permissible

Justices may rule on whether bankruptcy settlements can disregard Section 507 priorities.

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Opinion Link

View Opinion

http://www.supremecourt.gov/search.aspx?filename=/docketfiles/15-649.htm

Case Details

Case Citation

The Jevic case in the Supreme Court is Czyzewski v. Jevic Holding Corp., 15-649. The opinion in the Third Circuit is Official Committee of Unsecured Creditors v. CIT Group/Business Credit Inc. (In re Jevic Holding Corp.), 787 F.3d 173 (3d Cir. May 21, 2015).

Case Name

Czyzewski v. Jevic Holding Corp.

Case Type

Business

Court

Supreme Court

Bankruptcy Tags

Administrative Expense Claims