What are the implications of the Court of Appeal's decision in a bankruptcy proceeding against the Bankruptcy Court?
MultiRegion, United States of America
The following excerpt is from Henry v. Comm. Walldesign (In re Walldesign, Inc.), No. 15-56220, No. 15-56221 (9th Cir. 2017):
Bankruptcy courts "are courts of equity" that "appl[y] the principles and rules of equity jurisprudence." Young v. United States, 535 U.S. 43, 50 (2002) (quoting Pepper v. Litton, 308 U.S. 295, 304 (1939)). There is nothing equitable about today's decision.
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