RadLAX Gateway Hotel, LLC v. Amalgamated Bank: will the Supreme Court's decision regarding a secured creditor's right to credit bid affect unsecured creditors?

In RadLAX Gateway Hotel, LLC v. Amalgamated Bank, the United States Supreme Court addressed the issue of “whether a Chapter 11 bankruptcy plan may be confirmed over the objection of a secured creditor pursuant to 11 U.S.C.

Filed under:
USA, Insolvency & Restructuring, Litigation, Munsch Hardt Kopf & Harr PC, Debtor, Unsecured debt, Secured creditor, Title 11 of the US Code, Supreme Court of the United States, Seventh Circuit
Authors:
Joseph J. Wielebinski , Zachery Z. Annable
Location:
USA
Firm:
Munsch Hardt Kopf & Harr PC