Practice and Procedure
If the parties litigate but the defendant eventually defaults, the default judgment can result in nondischargeability via issue preclusion, Eleventh Circuit holds.
Federal Circuit upholds dismissal of regulatory ‘takings’ claims against New GM.
Dissenter in the First Circuit recommends that the Supreme Court hear and reverse an opinion allowing Puerto Rico to withhold payments from bondholders.
Reasonableness of breakup fee is measured by the total contract price, not the amount retained by the debtor.