ISL Loan Trust, et al. v. Millennium Lab Holdings II, LLC, et al.

I. Whether a bankruptcy court has authority, under Article III of the Constitution and this Court’s decision in Stern v. Marshall, 564 U.S. 462 (2011), to enter final judgment releasing without consent a nondebtor’s claims against other non-debtors that arise solely from non-bankruptcy substantive law, so long as the bankruptcy court concludes that granting the release is integral to the restructuring of the debtorcreditor relationship. II. Whether an Article III court may dismiss a properly noticed appeal from a bankruptcy court’s decision confirming a plan of reorganization under Chapter 11 of the Bankruptcy Code as “equitably moot” even though a live case or controversy exists under Article III of the Constitution, thereby leaving the bankruptcy court’s decision un-reviewed by any Article III court.