The U.S. Bankruptcy Court for the Southern District of New York recently held that an ad hoc committee of bondholders, holding $162.5 in senior secured bonds, lacked standing to participate in the issuer-debtor’s Chapter 11 bankruptcy case. In re American Roads LLC, 2013 WL 4601006 (Bankr. S.D.N.Y.
USA, Insolvency & Restructuring, Litigation, Alston & Bird LLP, Bond (finance), United States bankruptcy court
In In re East End Development, LLC, 2013 WL 1820182 (Bankr. E.D.N.Y. Apr.