Bank of America, N.A. v. Toledo-Cardona
Consolidated into: Bank of America, N.A. v. Caulkett
Docket No. | Op. Below | Argument | Opinion | Vote | Author | Term |
---|---|---|---|---|---|---|
14-163 | 11th Cir. | Mar 24, 2015 | Jun 1, 2015 | TBD | Thomas | OT 2014 |
Holding: A debtor in a Chapter 7 bankruptcy proceeding may not void a junior mortgage lien under 11 U.S.C. " 506(d) when the debt owed on a senior mortgage lien exceeds the current value of the collateral if the creditor"s claim is both secured by a lien and allowed under Section 502 of the Bankruptcy Code.
Judgment: Reversed and remanded, in an opinion by Justice Thomas on June 1, 2015.
SCOTUSblog Coverage
- Opinion analysis: Bad news for "underwater" homeowners (Amy Howe, June 1, 2015)
- Argument preview: Underwater mortgages and the Bankruptcy Code (Amy Howe, March 24, 2015)
- Argument analysis: Navigating between Scylla and Charybdis on underwater mortgages (Amy Howe, March 24, 2015)
- Dealing with "underwater" mortgages (Lyle Denniston, November 17, 2014)
- Petitions of the day (Maureen Johnston, November 1, 2014)
Date | Proceedings and Orders |
---|---|
08/13/2014 | Petition for a writ of certiorari filed. (Response due September 12, 2014) |
08/25/2014 | Order extending time to file response to petition to and including October 14, 2014. |
10/06/2014 | Brief of respondent Edelmiro Toledo-Cardona in opposition filed. |
10/21/2014 | Reply of petitioner Bank of America, N.A. filed. |
10/22/2014 | DISTRIBUTED for Conference of November 7, 2014. |
11/10/2014 | DISTRIBUTED for Conference of November 14, 2014. |
11/17/2014 | Petition GRANTED The petition for a writ of certiorari in No. 13-1421 is granted. The cases are consolidated and a total of one hour is allotted for oral argument. |
11/18/2014 | Consent to the filing of amicus curiae briefs, in support of either party or of neither party, received from respondents David Caulkett, and Elmiro Toledo-Cardona. VIDED |
11/21/2014 | The time to file the joint appendix and petitioner's brief on the merits is extended to and including January 9, 2015. VIDED |
11/21/2014 | The time to file respondents' brief(s) on the merits is extended to and including February 17, 2015. VIDED |
12/04/2014 | Motion to dispense with printing the joint appendix filed by petitioner Bank of America, N.A. VIDED. |
12/15/2014 | Motion to dispense with printing the joint appendix filed by petitioner GRANTED. VIDED |
01/09/2015 | Brief of petitioner Bank of America, N.A. filed. VIDED. |
01/16/2015 | Brief amici curiae of Loan Syndications and Trading Association, et al filed. VIDED. |
01/16/2015 | Brief amicus curiae of Community Bankers Association of Illinois filed. VIDED. |
02/02/2015 | SET FOR ARGUMENT ON Tuesday, March 24, 2015. VIDED |
02/03/2015 | Record requested from U.S.C.A. 11th Circuit. |
02/12/2015 | CIRCULATED |
02/17/2015 | Brief of respondent David B. Caulkett filed. VIDED. (Distributed) |
02/19/2015 | Brief amici curiae of Professors Jagdeep S. Bhandari, et al. filed. VIDED. (Distributed) |
02/23/2015 | Brief amici curiae of National Association of Consumer Bankruptcy Attorneys and AARP filed. VIDED. (Distributed) |
02/23/2015 | Brief amicus curiae of Adam J. Levitin, Professor of Law filed. VIDED. (Distributed) |
02/24/2015 | Brief amici curiae of Jerome N. Frank Legal Services Organization, et al. filed. VIDED. (Distributed) |
02/24/2015 | Brief amicus curiae of NYU Law School Bankruptcy Appellate Clinic filed. VIDED. (Distributed) |
02/24/2015 | Brief amici curiae of Bankruptcy Law Professors Robert M. Lawless, et al. filed. VIDED. (Distributed) |
02/24/2015 | Brief amicus curiae of Professor Margaret Howard filed. VIDED. (Distributed) |
02/24/2015 | Brief amicus curiae of Occupy the SEC filed. VIDED. (Distributed) |
03/16/2015 | Reply of petitioner Bank of America, N.A. filed. VIDED. (Distributed) |
03/24/2015 | Argued. For petitioner: Danielle Spinelli, Washington, D. C. For respondents: Stephanos Bibas, Philadelphia, Pa. |
06/01/2015 | Judgment REVERSED and case REMANDED. Thomas, J., delivered the opinion of the Court, in which Roberts, C. J., and Scalia, Ginsburg, Alito, and Kagan, JJ., joined, and in which Kennedy, Breyer, and Sotomayor, JJ., joined except as to the footnote. VIDED. |
07/06/2015 | JUDGMENT ISSUED. |