United States: A Momentive Decision: Second Circuit Splits With Thir...

10/27/17


United States: A Momentive Decision: Second Circuit Splits With Third Circuit On Make Whole Premiums; Adopts Sixth ...
Mondaq News Alerts
In this case, the bankruptcy court applied an interest rate based on the "formula" approach, and selected interest rates of 4.1% and 4.85% for the first lien and 1.5 lien notes, respectively. It was undisputed that these rates were below market, but ...

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