Tariff Refunds Create Unprecedented Questions In Bankruptcy

The U.S. government has begun accepting applications for refunds tied to tariffs imposed in 2025, following a February 2026 Supreme Court ruling that the tariffs were unconstitutional. The program could return as much as $166 billion to U.S. importers, creating what restructuring professionals describe as a wholly new and untested source of value. While U.S. […]