Petition Asks If Indian Tribes Have Sovereign Immunity In Bankruptcy Code

Mealey's (March 25, 2019, 11:46 AM EDT) -- WASHINGTON, D.C. — The U.S. Supreme Court has been asked to decide whether Congress clearly abrogated tribal sovereign immunity in the U.S. Bankruptcy Code in a petition for a writ of certiorari docketed March 20 from creditors asserting fraudulent transfer claims against a Michigan Indian tribe and its gaming business (Buchwald Capital Advisors, LLC v. Sault Ste. Marie Tribe of Chippewa Indians, et al., No. 18-1218, U.S. Sup.)....