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No “Magic Words” Needed – What Tribes Need to Know about Bankruptcy in Light of the Supreme Court Decision in Lac du Flambeau v. Coughlin
July 27 @ 1:00 am – 2:30 am EDT
Last month, the Supreme Court ruled 8-1 in Lac du Flambeau Band of Lake Superior Chippewa Indians v. Coughlin, holding that Native American tribes are not immune from certain bankruptcy court proceedings, including the automatic stay provision of the Bankruptcy Code.
The case involved an online payday lending operation owned by a tribal government. When a customer sought relief in bankruptcy court, an appellate court and the U.S. Supreme Court rejected the tribe’s claims that sovereign immunity prohibited the customer from enforcing the Bankruptcy Code’s automatic stay against it.
On July 27th from 1pm to 2:30pm Eastern Time, NAFOA is proud to host a webinar. Attorneys from Navajo Nation and the law firm Sheppard Mullin will discuss what the ruling means, what tribes should be aware of going forward, and the impact this ruling will have on tribes going forward. The webinar will cover:
- Bankruptcy Basics
- Background on Lac du Flambeau vs Coughlin
- Impact and Mitigation of the Lac du Flambeau vs Coughlin Decision