DOCKET NO.: None
DECIDED BY: Marshall Court (1826-1828)
ARGUED: Jan 18, 1827 / Jan 19, 1827 / Jan 20, 1827 / Mar 10, 1827
DECIDED: Mar 13, 1827
Facts of the case
Saunders, a Kentucky citizen, sued Ogden, a Louisiana citizen, on a contract which Odgen, then a citizen of New York, had accepted in 1806. Saunders claimed that Odgen had not made payment on his obligation. Odgen claimed bankruptcy as his defense under the New York bankruptcy law enacted in 1801.
Does a state bankruptcy law applying to contracts made after the law’s passage violate the Obligation of Contracts Clause of the Constitution?