Recent Posts

High Court: Debtor May Not Sell Property Free Of Lien; Must Allow Credit-Bidding
Posted on 29 May 2012 by Joan Grossman

WASHINGTON, D.C. - (Mealey's) The U.S. Supreme Court on May 29 affirmed that a debtor company may not obtain confirmation of a nonconsensual Chapter 11 plan that permits the debtor to sell collateral free and clear of a creditor bank's lien without... Read More

U.S. Supreme Court Considers Rights Of Secured Creditors In Chapter 11 Bankruptcy
Posted on 23 Apr 2012 by James Cordrey

WASHINGTON, D.C. - (Mealey's) The U.S. Supreme Court on April 23 heard oral arguments in a dispute between a Chapter 11 debtor company and a creditor bank as to whether a secured creditor is permitted to credit-bid while the debtor company's collateral... Read More