Legal Opinion
Constitutional Concerns Presented by Proposed Orderly Liquidation Authority Panel
Department of Justice Office of Legal Counsel
Decided April 19, 2010Published
1Opinion of the Court
Constitutional Concerns Presented by Proposed Orderly Liquidation Authority Panel The Orderly Liquidation Authority Panel that would be authorized by section 202 of the Committee Print of the Restoring American Financial Stability Act of 2010 would have independent jurisdiction to determine the statutory permissibility of petitions issued by the Secretary of the Treasury to appoint the Federal Deposit Insurance Corporation as receiver for certain systemically important financial companies that are in default or in danger of default. If this Panel—a bankruptcy court tribunal com- posed of…
2Cases cited36 opinions
- Thomas v. ArnSupreme Court of the United States · 1986
- Buckley v. ValeoSupreme Court of the United States · 1976
- United States v. RaddatzSupreme Court of the United States · 1980
- Northern Pipeline Construction Co. v. Marathon Pipe Line Co.Supreme Court of the United States · 1982
- Aetna Life Insurance v. HaworthSupreme Court of the United States · 1937
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