Collier on Bankruptcy was cited
in this recent decision:
Collier on Bankruptcy section cited: 4 Collier on Bankruptcy ¶ 510.04 (accessible by
Lexis.com subscribers can
view the enhanced version of Gernsbacher v. Campbell (In re
Equip. Equity Holdings, Inc.)
LexisNexis Overview: Equitable
subordination of new notes to notes of sellers of businesses to insolvent
bankruptcy debtor was not warranted since holders of new notes engaged in no
inequitable conduct in attempting to resolve debtor's financial distress, and
new notes were properly characterized as debt since new notes replaced in large
part existing debt.
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