Please note: The below information may require updating, including additional clarification, as the COVID-19 pandemic continues to develop. Please monitor our main COVID-19 Task Force page and/or your email for updates.
Section 1113 – Bankruptcy
USA, Banking, Insolvency & Restructuring, Litigation, Kilpatrick Townsend & Stockton LLP, Coronavirus, US Senate, Title 11 of the US Code, CARES Act 2020 (USA)
On Feb. 25, The U.S. Supreme Court issued its decision in Rodriguez v. Federal Deposit Insurance Corp.,[1] a case involving a dispute between (1) the trustee in bankruptcy of a defunct bank holding company, and (2) the FDIC, as receiver for the bank holding company’s failed bank subsidiary, over the ownership of a federal income tax refund that was payable by the U.S. Department of the Treasury to the bank holding company as the parent of a consolidated tax filing group.
USA, Banking, Insolvency & Restructuring, Litigation, Tax, Kilpatrick Townsend & Stockton LLP, Bankruptcy, Supreme Court of the United States, Tenth Circuit