Supreme Court (SCOTUS)

On January 14, 2021, the Supreme Court ruled in the case of City of Chicago, Illinois v. Fulton that the mere retention of estate property after the filing of a bankruptcy petition does not violate 11 U.S.C. § 362(a)(3), which operates as a “stay” of “any act” to “exercise control” over the property of the estate. ABI Editor-at-Large Bill Rochelle will host a discussion with two leading bankruptcy academics who filed amicus briefs in the case, Profs.

Developed for experienced bankruptcy practitioners, this webinar examines the Supreme Court's February 2018 decision in FTI Consulting v. Merit Management and the questions it has raised about what kinds of securities payments, trades, and M&A activity are still protected by the Bankruptcy Code's so-called "safe harbors" in the event of a bankruptcy filing.