Special Purpose Vehicles' Authority to File for Bankruptcy Revi...

06/22/17


JD Supra (press release)

Special Purpose Vehicles' Authority to File for Bankruptcy Revisited
JD Supra (press release)
In order to file for bankruptcy, the Debtor needed to obtain approval of the bankruptcy filing from, among other parties, a special purpose entity who served as a manager of the Debtor (the “SPC Party”). As long as Comm2013's mortgage lien remained in ...

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