This just in from SCOTUSBlog’s liveblog of today’s opinions:
The Court has released the opinion in Northwest Austin Municipal Utility District Number One v. Eric Holder, Jr, Attorney General, et al. (08-322), the decision below is reversed and remanded in an opinion by Justice Roberts writing for an 8-1 Court with Justice Thomas filing a partial dissent . They DO NOT strike down the Voting Rights Act, but held that the law must be interpreted to permit all political subdivisions to pursue the bailout option…

The opinion in NAMUDNO is available here: http://www.supremecourtus.gov/opinions/08pdf/08-322.pdf
More analysis of this opinion to come shortly. In the meantime, click here to learn more about the case.