LexisNexis® Legal Newsroom
Supreme Court Rules That Debtor Must Have Loan or Lease Payment for Means Test Deduction

In an 8-1 decision authored by Justice Kagan, the Supreme Court ruled today that an ownership expense is not "applicable" under the Means Test unless the Debtor has an actual payment. Ransom v. FIA Card Services , No. 09-907 (1/11/11). Justice Kagan framed the issue in this manner:...

Justice Scalia Won't "Ransom" His Principles to Grant Justice Kagan a Unanimous First Opinion That Looks to BAPCPA's "Text, Context, and Purpose" to Support a Dubious Result

When reading recent US Supreme Court opinions interpreting BAPCPA, the statute's manifest flaws are the "elephant in the room" (origins of phrase here ), and Justice Kagan's recent opinion for the Court in Ransom v. FIA Card Services , N.A , 2011 U.S. LEXIS 608 (Jan. 11, 2011), ...

The Supreme Court's Holding in Ransom v. FIA Card Services, N.A., 2011 U.S. LEXIS 608 (2011)

In this Emerging Issues analysis, Professor Kenneth N. Klee examines the Supreme Court's Holding in Ransom v. FIA Card Services, N.A. , concluding that if a statute contains a definition of a term or concept that can have more than one interpretation, the Court may construe the statute in light...

Henry Sommer and Professor Kenneth Klee Discuss the U.S. Supreme Court's Decision in Ransom v. FIA Card Services (Includes Transcript)

On this edition, Henry Sommer, co-editor in chief of Collier on Bankruptcy and the LexisNexis Matthew Bender Collier line of bankruptcy publications and Kenneth Klee, Professor at UCLA School of Law, discuss the U.S. Supreme Court's Jan. 11, 2011 opinion in Ransom v. FIA Card Services. They outline...