On June 27, 2017, the United States Supreme Court granted the petition for writ of certiorari regarding the decision In re Province Grande Olde Liberty, LLC, 655 Fed.Appx. 971 (4th Cir. Aug. 12, 2016) to decide a circuit split on the applicable standard for debt recharacterization.
USA, Banking, Insolvency & Restructuring, Litigation, Buchanan Ingersoll & Rooney PC, Bankruptcy, Debtor, Debt, Secured loan, Supreme Court of the United States, United States bankruptcy court