LexisNexis® CLE On-Demand features premium content from partners like American Law Institute Continuing Legal Education and Pozner & Dodd. Choose from a broad listing of topics suited for law firms, corporate legal departments, and government entities. Individual courses and subscriptions available.
On this edition, Ancela R. Nastasi of Richards Kibbe & Orbe LLP in New York discusses the background and holding of the 7th Circuit U.S. Court of Appeals in In re River Road Hotel Partners, LLC. She analyzes the implications of the court's ruling upholding the right of a secured lender to credit bid under a plan and the split in authority among several circuits. Copyright© 2011 LexisNexis, a division of Reed Elsevier Inc. All rights reserved. Visit www.lexisnexis.com/community/bankruptcylaw.
Click here to play this audio clip
Read Emerging Issues Analysis: A Secured Creditor's Absolute Legal Right to Credit Bid (Part 2) by James Lawniczak, comparing the River Road case to Philadelphia Newspapers and Pacific Lumber.