Vesting eclipsed by bankruptcy
While the Contracts Clause is a key navigational star in the firmament of our Constitution and economic universe, it is subject to being eclipsed by the Bankruptcy Clause.
While the Contracts Clause is a key navigational star in the firmament of our Constitution and economic universe, it is subject to being eclipsed by the Bankruptcy Clause.
There are many potential obstacles to reaching an agreement in the AB 506 process.
Even buying the house next to the city manager in the heat of a labor dispute cannot make money appear.
Even after practicing labor and employment law for 30 years, issues arise that remind me that reality is often stranger than fiction.
What all of these emergencies have in common are local and state governments in terrible financial distress.