Note:
Stephen L. Poe, The Automatic Stay of the 1978 Bankruptcy
Code Versus the Norris-LaGuardia Act: A Bankruptcy Court’s
Dilemma, 61 TEXAS L. REV. 321 (1982).
Abstract:
In this Note, Poe addresses the question of whether the
bankruptcy code’s automatic stay provision applies to a
creditor-labor union. Under the pre-1978 bankruptcy code, courts
had held that there was an exception in the bankruptcy code’s
automatic stay provision for such creditor-labor unions.
However, the 1978 code only addressed an automatic stay
exception for those organizations engaged in labor disputes.
This Note criticizes the Second Circuit’s preservation of the
pre-1978 blanket exception and argues for a more limited
exception that better interprets the 1978 code.