Gray v. Louisiana

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• observing the risk-allocation rationale is “more integral” than the equity-cushion rationale and “serves as an effective rationalization for subordination in those circumstances when an affiliate’s securities provided the basis for the claim”
• “[N]o constitutionally guaranteed immunity from being falsely or wrongly accused of conduct [that] may result in the deprivation of a protected liberty interest.”
• “[Section] 510(b) case law—our own and that of other courts—endorses a ‘broad’ interpretation of the section (at least to the extent that such an interpretation is plausibly supported by the text).”

Source: CourtListener parenthetical corpus (CC0).