July 19, 2009

GM Bankruptcy Changes Business Rules?

If I were teaching the GM and Chrysler bankruptcy cases at a law school in Chicago, I'd start off with something unexpected -- the famous case of Shlensky v. Wrigley.  I'd hook the legal eagles with the story of William Shlensky, who decided to ...

June 30, 2009

The GM Bankruptcy and the Supreme Court

Hearings on GM's motion to approve its restructuring plan are set to start today in Manhattan bankruptcy court.  The heart of the individual bondholders' objections to the Obama Administration's plan to save GM is that it is a sub rosa and ...

June 24, 2009

Dissident GM bondholder committee denied official status

Bloomberg reports today, that U.S. Bankruptcy Judge Robert Gerber denied a bid to form an official bankruptcy committee by a group of dissident individual GM bondholders, at a hearing yesterday in the GM bankru...

June 19, 2009

Veil removal can be required under new MI S.Ct. rule

In response to a case in which a judge asked a Muslim woman to remove her veil so that he could assess her demeanor, the Michigan Supreme Court approved (with two of the seven Justices dissenting) a statewide rule that a...