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    A make whole with a hole: In re Trico Marine Services
    2011-04-26

    Make whole premiums sound simple; they are prepayment premiums that are supposed to “make you whole.” More precisely, make whole premiums are intended to protect noteholders (or other debt holders) from the loss of future fixed coupon interest payments due to the early repayment of debt if market interest rates have declined in the interim.

    Filed under:
    USA, Banking, Insolvency & Restructuring, Litigation, Bracewell LLP, Bankruptcy, Unsecured debt, Collateral (finance), Interest, Debt, Liquidation, Liquidated damages, Trustee, US Secretary of Transportation, United States bankruptcy court
    Location:
    USA
    Firm:
    Bracewell LLP
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