Foundation: U.S. High Court Must Vacate Ruling On Bankruptcy Court's Power

Foundation: U.S. High Court Must Vacate Ruling On Bankruptcy Court's Power

WASHINGTON, D.C. - In an amicus curiae brief made available Sept. 20, the Robert McCormick Foundation urged the U.S. Supreme Court to rule in favor of the Executive Benefits Insurance Agency (EBIA) and vacate a ruling by the Ninth Circuit U.S. Court of Appeals because Article III of the U.S. Constitution does not permit the exercise of the judicial power of the United States by bankruptcy courts on the basis of litigant consent (Executive Benefits Insurance Agency v. Arkinson, No. 12-1200, Chapter 7, U.S. Sup.).

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