Petition of the day
By Kate Howard
on Dec 15, 2016
Thepetition of the day is:
16-492
Issue:Whether bankruptcy courts should apply a federal rule of decision (as five circuits have held) or a state law rule of decision (as two circuits have held, expressly acknowledging a split of authority) when deciding to recharacterize a debt claim in bankruptcy as a capital contribution.
Posted in Cases in the Pipeline
Cases: PEM Entities LLC v. Levin
Recommended Citation:
Kate Howard,
Petition of the day,
SCOTUSblog (Dec. 15, 2016, 12:00 AM),
https://www.scotusblog.com/2016/12/petition-of-the-day-1036/