RCT WINS LANDMARK DECISION IN THE U.S. SUPREME COURT
On February 27, 2018, the United States Supreme Court unanimously affirmed the Seventh Circuit’s holding in Merit Management Group v. FTI Consulting, Inc., restricting the scope of the “safe harbor” defense under section 546(e) of the Bankruptcy Code. This decision preserved RCT’s victory in the Seventh Circuit, and overturned long-standing and expansive interpretations of the defense by five circuit courts.
See decision here .
Prior results do not guarantee a similar outcome.