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Type
Opinion of the Court
Filed
Oct. 6, 2008
Case
N.C.P. Marketing Group, Inc. v. BG Star Productions, Inc.
Case status
Decided

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Opening text

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Statement of Justice KENNEDY, with whom Justice BREYER joins, respecting the denial of certiorari. The object of Chapter 11 of the Bankruptcy Code is to empower a debtor with going concern value to reorganize its operations to become solvent once more. In a typical case, the debtor takes on the role of “debtor in possession,” 11 U.S.C. § 1101(1), allowing it to retain…

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