Picard v. JPMorgan Chase & Co.

How courts have described this case

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

• “[T]he Trustee’s claims are not being brought on behalf of all [the debtor’s] creditors, and could not be brought by any given one of them.”
• “A party must assert his own legal rights and interests, and cannot rest his claim to relief on the legal rights or interests of third parties.”
• “[WJhere the liability that is the basis for the contribution claim is entirely a creature of federal statute, the [plaintiff] must rely on federal, not state, contribution law”

Source: CourtListener parenthetical corpus (CC0).