Lenders Are Entitled to Default Interest in Chapter 11: Ninth Circui...

12/05/16


Lenders Are Entitled to Default Interest in Chapter 11: Ninth Circuit
Lexology (registration)
Overturning prior pro-debtor precedent, a federal appeals court recently emphasized that secured lenders are entitled to the benefit of their bargains with defaulting borrowers, by making it easier for lenders to collect default-rate interest from a ...

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