Law360, New York ( June 5, 2015, 10:22 AM EDT) -- The U.S. Supreme Court's decision in Wellness International Network Ltd. v. Sharif confirms the long-held and common-sense belief that "knowing and voluntary consent" is the key to the exercise of judicial authority by a bankruptcy court judge.[1] In short, the Supreme Court held that a litigant in a bankruptcy court can consent — expressly or impliedly through waiver — to the bankruptcy court's final adjudication of claims that the bankruptcy court otherwise lacks constitutional authority to finally decide....
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