Murphy’s Borrowing Plan Held Constitutional by Unanimous Supreme Court

Peter G. Verniero, Chair of the Sills Cummis Corporate Internal Investigations and Appellate Practice Groups, was widely quoted in this article about the New Jersey Supreme Court ruling in New Jersey Republican State Committee v. Murphy.

According to the article, Peter Verniero said “In a careful, unanimous opinion, the court has construed the state constitution as providing enough flexibility for policymakers to address the fiscal consequences of the current pandemic. But it also has recognized constitutional guardrails to caution against future borrowing that might be unrelated to a genuine emergency.”