Fifth Circuit protects secured lender who bypasses Chapter 11 reorga...

08/19/13

Fifth Circuit protects secured lender who bypasses Chapter 11 reorganization plan
Lexology (registration)
The U.S. Court of Appeals for the Fifth Circuit held on August 5 that a secured lender's disputed “lien on [the debtor's] principal asset survived . . . confirmation of [the debtor's] Chapter 11 . . . reorganization plan” because the lender had not ...

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