Courts Deliver Victory for Secured Lenders in Chapter 11 Cramdown Ca...

11/20/17

Courts Deliver Victory for Secured Lenders in Chapter 11 Cramdown Case
ABL Advisor (blog)
Lenders rejoice. The Second Circuit recently issued its highly anticipated opinion in In re MPM Silicones, LLC, where it held that the appropriate cramdown interest rate in chapter 11 cases is the market rate (so long as an efficient market exists ...