US Supreme Court affirms secured creditor rights in reorganisations

May 31, 2012

The US Supreme Court’s decision in Radlax Gateway Hotel v Amalgamated Bank was welcomed for its guidance on an unclear section of the US bankruptcy code. It leaves the door open for debtors to cram down a reorganisation plan at the angst of secured creditors though

Unlock this content.

The content you are trying to view is exclusive to our subscribers.

To unlock this content:

Take a Free Trial or Login

Topics

Corporate News analysis Restructuring and Insolvency IFLR Magazine July/August 2012 United States