Lieberman Comments on SCOTUS Ruling in Wellness International Network v. Sharif
Seth Lieberman was featured in the Law360 article, “Lawyers React To Justices' Ruling On Bankruptcy Court Power.” The Supreme Court overturned a Seventh Circuit decision and held that bankruptcy courts have the authority to make final decisions on certain legal claims that help liquidate a debtor or adjudicate a bankruptcy proceeding.
“In the four years since Stern v. Marshall, it was unknown whether parties could consent to a bankruptcy court’s adjudication of Stern claims. In Wellness International, the court has indicated that adjudication based on the parties’ knowing and voluntary consent is permissible. What remains to be seen is what will be required for a party to ‘knowingly and voluntarily’ consent to such jurisdiction.”
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