Bankruptcy Code Covers Indian Tribes, Split 1st Circuit Says In Loan Dispute

Mealey's (May 9, 2022, 2:21 PM EDT) -- BOSTON — In a tribal payday lending case presenting “an important question of first impression” in the First Circuit U.S. Court of Appeals, a divided panel of the court on May 6 held that the U.S. Bankruptcy Code “unequivocally” abrogates Indian tribes’ sovereign immunity....