Supreme Court clarifies scope of bankruptcy court authority, allows court adjudication of ‘Stern claims’ if parties consent

On May 26, 2015, the U.S. Supreme Court issued its ruling in Wellness International Network, Ltd., et al. v. Sharif.1 The Wellness decision clarifies one of the most significant open issues created four years ago by the Court’s highly controversial decision in Stern v.

Filed under:
USA, Insolvency & Restructuring, Litigation, Skadden Arps Slate Meagher & Flom LLP
Authors:
Mark A. McDermott , George A. Zimmerman , Julie E. Cohen , Evan A. Hill
Location:
USA
Firm:
Skadden Arps Slate Meagher & Flom LLP