Issue: (1) Whether a party asserting a “new value” defense
to a preference claim pursuant to 11 U.S.C. §
547(c)(1) must prove the specific value “in money or
money’s worth” of the assets transferred to the
debtor, as the Third, Fifth, Ninth, Tenth and
Eleventh Circuits have held, or a mere
approximation of value, as the Fourth Circuit below
and the Eighth Circuit, as well as inconsistent Third
and Tenth Circuit decisions, have held.
On Monday at 9:30 a.m. we expect orders from the March 7 Conference, followed by one or more opinions in argued cases at 10:00 a.m. The live blog will be available here beginning at 9:15. The next Conference is scheduled for March 21. Our list of "Petitions to watch" for that Conference will be available soon.
Upcoming Oral Arguments
Wood v. Moss Secret Service agents’ plea for immunity from lawsuit for actions taken against demonstrators who were opposed to the president’s policies.
Clark v. Rameker Whether an Individual Retirement Account that an individual inherited rather than created personally is exempted from a bankruptcy estate
Justice Elena Kagan delivers the 2014 Justice Ruth Bader Ginsburg Lecture on Women and the Law at the New York City Bar Association, where (among other things) she attributes the “gulf between Justice Ginsburg’s career and” hers to the work of Justice Ginsburg herself.
Awarded the Peabody Award for excellence in electronic media.
Sigma Delta Chi
Awarded the Sigma Delta Chi deadline reporting award for online coverage of the Affordable Care Act decision.
National Press Club Award
Awarded the National Press Club's Breaking News Award for coverage of the Affordable Care Act decision.
Silver Gavel Award
Awarded the Silver Gavel Award by the American Bar Association for fostering the American public’s understanding of the law and the legal system.
American Gavel Award
Awarded the American Gavel Award for Distinguished Reporting About the Judiciary to recognize the highest standards of reporting about courts and the justice system.