United States Supreme Court to Decide Whether Recharacterization of Debt Should Be Decided by State or Federal Law

On June 27, 2017, the United States Supreme Court granted the petition for writ of certiorari regarding the decision In re Province Grande Olde Liberty, LLC, 655 Fed.Appx. 971 (4th Cir. Aug. 12, 2016) to decide a circuit split on the applicable standard for debt recharacterization.

Filed under:
USA, Banking, Insolvency & Restructuring, Litigation, Buchanan Ingersoll & Rooney PC, Bankruptcy, Debtor, Debt, Secured loan, Supreme Court of the United States, United States bankruptcy court
Authors:
Kathleen A. Murphy , James D. Newell
Location:
USA
Firm:
Buchanan Ingersoll & Rooney PC