The Supreme Court, in Ritzen Group, Inc. v. Jackson Masonry, LLC,1 issued an unanimous opinion last week, ruling that the Court of Appeals for the Sixth Circuit correctly denied the ability of creditor Ritzen Group Inc.
USA, Insolvency & Restructuring, Litigation, Weil Gotshal & Manges LLP, United States bankruptcy court
Court holds that TIA § 316(b) prohibits only non‐consensual amendments to an indenture’s core payment terms.
USA, Insolvency & Restructuring, Litigation, Morgan, Lewis & Bockius LLP, Bond (finance), US Congress, Second Circuit