Troutman Pepper's Creditor’s Rights Toolkit is a series that provides practical insights to help creditors confront the challenges of commercial bankruptcy. Under the Absolute Priority Rule, for a ...
Congress didn’t repeal the so-called absolute priority rule for individuals in Chapter 11 when it amended the Bankruptcy Code in 2005, a district judge in Philadelphia ruled. The issue has divided ...
A handful of recent high-profile court rulings have considered whether a chapter 11 debtor is obligated to pay postpetition, pre-effective date interest ("pendency interest") to unsecured creditors to ...
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