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Cadwalader Clients & Friends Memo: Stern v. Marshall..

On June 23, 2011, the Supreme Court ruled 5-4, in an opinion by Chief Justice Roberts, that a Bankruptcy Judge lacked constitutional authority to issue a final ruling on state law counterclaims by a debtor

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Should H.R. 2533, the “Chapter 11 Bankruptcy Venue Reform Act of 2011,” be enacted to amend 28 U.S.C. § 1408 to prevent forum shopping & the filing of chapter 11 cases in SDNY and Delaware?