U.S. Supreme Court Rules Appellate Protection of Bankruptcy Property Sale Is Subject to Waiver and Estoppel

In Short

The Situation: The U.S. Supreme Court considered whether § 363(m) of the Bankruptcy Code, which limits a party's ability to undo an asset transfer made to a good-faith purchaser in a bankruptcy case, is jurisdictional.

Filed under:
USA, Insolvency & Restructuring, Litigation, Jones Day, US Congress, Supreme Court of the United States
Authors:
Brad B. Erens , C. Kevin Marshall , Amanda S. Rush
Location:
USA
Firm:
Jones Day