For at least the past decade, federal bankruptcy courts have routinely prohibited cannabis businesses from seeking protection under federal bankruptcy law, regardless of whether a cannabis business is legally operating under state law.
USA, Company & Commercial, Insolvency & Restructuring, Litigation, Bradley Arant Boult Cummings LLP, Bankruptcy, Medical cannabis, Cannabis, Supply chain, Controlled Substances Act (USA)
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