Bankruptcy Court Rejects Involuntary Chapter 11 for CDO - JD Supra (...

Bankruptcy Court Rejects Involuntary Chapter 11 for CDO
JD Supra (press release)
Recently, the bankruptcy court for the Southern District of New York rejected an attempt by certain creditors (the “Petitioning Creditors”) to place a financing vehicle known as a collateralized debt obligation, or CDO, into involuntary chapter 11 ...