No “Magic Words” Needed – What Tribes Need to Know about Bankruptcy in Light of the Supreme Court Decision in Lac du Flambeau v. Coughlin
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 […]
