A recent decision by a federal appeals court appears to open the doors of United States Bankruptcy Courts nationwide… or does it? The Ninth Circuit’s decision from Garvin v. Cook Investments provides a helpful roadmap for understanding the challenges and opportunities for marijuana-related businesses considering their access to bankruptcy courts.
Marijuana Businesses Generally Violate Federal Law
USA, Healthcare & Life Sciences, Insolvency & Restructuring, Litigation, Bradley Arant Boult Cummings LLP, Debtor, US Department of Justice, Title 11 of the US Code, Ninth Circuit
The Eleventh Circuit Court of Appeals has clarified the type of injury that must be alleged by a plaintiff suing under the Fair Debt Collection Practices Act (FDCPA). This decision, in Church v. Accretive Health, Inc., is the first from the Eleventh Circuit applying the United States Supreme Court’s recent holding in Spokeo v. Robins.
USA, Company & Commercial, Insolvency & Restructuring, Litigation, Bradley Arant Boult Cummings LLP, Standing (law), Fair Debt Collection Practices Act 1977 (USA), Fair Credit Reporting Act 1970 (USA), Article III US Constitution, Supreme Court of the United States, Eleventh Circuit