Objecting lenders owed credit bid in 'cramdown' auctions, ...
08/07/11
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Objecting lenders owed credit bid in 'cramdown' auctions, 7th Circuit rules
Thomson Reuters News & Insight
... objected on the ground that the proposed plans would allow the debtors to sell their assets clear of liens without allowing Longview to submit a credit bid at the auction. The Bankruptcy Court rejected the bid procedures last October. ...
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Thomson Reuters News & Insight
... objected on the ground that the proposed plans would allow the debtors to sell their assets clear of liens without allowing Longview to submit a credit bid at the auction. The Bankruptcy Court rejected the bid procedures last October. ...