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Today at the Court

The Court will hear oral arguments in three cases:

10 a.m. – The standard of review for wholesale electric rates is at issue in NRG Power Marketing v. Maine Public Utilities (08-674).  Yesterday Akin Gump’s Scott Johnson discussed the case and the Mobile-Sierra doctrine involved.

11 a.m. – In Schwab v. Reilly (08-538), the Court will consider what valuation of property a bankrupt debtor may retain.  The argument is previewed here by Stanford law school student Anthony Dick.

1 p.m. – In Hemi Group, LLC v. City of New York (08-969), the issue is whether a city government can use a civil RICO lawsuit to collect cigarette taxes.  Brian Goldman, a law student at Stanford, previews the argument here.

No non-capital orders are expected from the Court today.