Marc S. Kirschner, Solely in His Capacity as Trustee of the Millennium Lender Claim Trust, Petitioner v. JPMorgan Chase Bank, N.A., et al.

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Case Number:

23-670

Court:

Supreme Court

Nature of Suit:

3890 STATUTES-Other

Firms

  1. February 20, 2024

    Justices Won't Hear JPMorgan Syndicated Loan Dispute

    The U.S. Supreme Court decided on Tuesdsay that it will not hear a dispute accusing JPMorgan Chase and other banks of failing to warn noteholders about the risks of lending money to a soon-to-be bankrupt company, keeping the case's dismissal intact after the Second Circuit ruled that the syndicated loan at the center of the case was not subject to securities laws.

  2. December 19, 2023

    Justices Urged To Weigh If Syndicated Loans Are Securities

    The U.S. Supreme Court on Tuesday was asked to consider whether the $3 trillion syndicated loan industry should be subject to securities laws after the Second Circuit recently rejected that premise in a case against JPMorgan Chase Bank NA and other banks over their role in a troubled deal.