Client AlertsLitigation & DisputesThe Supreme Court Teaches A Lesson In Passive Non-Aggression: City of Chicago v. Fulton
By Daniel E. Burgoyne, Christian R. Jenner or Christopher M. Wildenhain In a recent decision, the U.S. Supreme Court gave a narrow win to creditors in a dispute over the proper interpretation of the automatic stay provisions in the Bankruptcy Code, ruling that creditors may passively retain a debtor’s property after the debtor files for bankruptcy. The decision...