Credit Bid: "This Is Not Rocket Science" - Mondaq News Ale...
07/10/13
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Credit Bid: "This Is Not Rocket Science"
Mondaq News Alerts (registration)
During a sale of the debtor's assets ordered by the bankruptcy court, the holder of the senior debt submitted a credit bid. Spillman involved a dispute over the effect of the credit bid. After the debtor filed bankruptcy, a junior lender (Fire Eagle ...
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Mondaq News Alerts (registration)
During a sale of the debtor's assets ordered by the bankruptcy court, the holder of the senior debt submitted a credit bid. Spillman involved a dispute over the effect of the credit bid. After the debtor filed bankruptcy, a junior lender (Fire Eagle ...