Oversecured lender's contractual prepayment penalty held enforceable as unsecured claim against solvent debtor

Date

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Location
USA
Firm
Schulte Roth & Zabel LLP
Tags
USA
Insolvency & Restructuring
Litigation
Schulte Roth & Zabel LLP
Bankruptcy
Shareholder
Debtor
Unsecured debt
Statutory interpretation
Interest
Federal Reporter
Remand (court procedure)
Secured creditor
Secured loan
Sixth Circuit
First Circuit