Read it all, and carefully. In May, the court will hear argument only on the Constitutionality of the statute under the First Amendment. Thereafter, ECUSA may try to put on evidence to prove that the Virginia statute violates the contracts clause of the constitution, which is probably some cute David Booth Bears invention based on a constitutional provision that intended the states not to be able to impair the obligation of contracts in order to standardize insolvency laws. The obligation of the contract being impaired would be…you guessed it…the Dennis Canon. I am willing to predict that this argument will fall flat on its face.
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