Significant ruling gives Chapter 11 debtors new leverage over secure...

01/27/15

Significant ruling gives Chapter 11 debtors new leverage over secured creditors
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A hotly contested Chapter 11 case in the Bankruptcy Court for the Southern District of New York, In re MPM Silicones LLC, et al., Case No. 14-22503-rdd (Bankr. S.D.N.Y Aug. 26, 2014), has the potential to change the dynamics between debtors and secured ...