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Seventh Circuit extends competition rule to insider in new-value reorganization plan
- Schulte Roth & Zabel LLP
- -
- USA
- -
- February 20 2013
The U.S. Court of Appeals for the Seventh Circuit, on Feb. 14, 2013, held that an insider of a Chapter 11 partnership debtor cannot avoid the
Eighth Circuit rejects balancing of the equities test for creditor's recoupment
- Schulte Roth & Zabel LLP
- -
- USA
- -
- August 31 2012
The United States Court of Appeals for the Eighth Circuit held on Aug. 3, 2012, that equitable considerations could not prevent a creditor's recouping amounts owed to it by a chapter 7 debtor
Seventh Circuit denies fees to breaching DIP lender in re Arlington Hospitality, Inc.
- Schulte Roth & Zabel LLP
- -
- USA
- -
- April 13 2011
The Seventh Circuit affirmed a district court's ruling that a debtor-in-possession ("DIP") lender had breached its financing agreement, barring its claim for commitment and funding fees from the DIP
