Federal Bankruptcy Judge Certifies Questions To 5th Circuit On Blocking Provision

(January 22, 2018, 10:19 AM EST) -- JACKSON, Miss. — A Mississippi federal bankruptcy judge on Jan. 17 granted a franchisor’s motion for certification of direct appeal and certified three questions to the Fifth Circuit U.S. Court of Appeals regarding whether a blocking provision that gives a party the ability to prevent a corporation from filing for bankruptcy is valid and enforceable or contrary to public policy (In re:  Franchise Services of North America Inc., No. 17-02316, Chapter 11, S.D. Miss. Bkcy., 2018 Bankr. LEXIS 105)....

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