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July 23, 2024
IRS Has Daunting Task in Supreme Court Bankruptcy Clawback Case
Bloomberg Law
Shane Ramsey, Nelson Mullins partner and co-chair of the Bankruptcy and Financial Restructuring Practice Group, considers the role of precedent and lower court rulings in the United States v. Miller bankruptcy case arguments. In the article, published by Bloomberg Law on July 8, 2024, Ramsey provides insight and analysis on the case that could potentially affect how tax payments are treated in bankruptcies.
"The U.S. Supreme Court’s decision to hear arguments United States v. Miller pits the IRS’s sovereign immunity against the authority of a bankruptcy trustee. The government may find it’s facing an uphill battle," says Ramsey.
Read Ramsey's full analysis here.
Reproduced with permission. Published July 8, 2024. Copyright 2024 Bloomberg Industry Group 800-372-1033. For further use please visit: https://www.bloombergindustry.com/copyright-and-usage-guidelines-copyright/
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