Ruling interprets Bankruptcy Code provision to allow debtors to evade credit bid rights of secured creditors

Date

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Location
USA
Authors
Peter J. Haley
Firm
Nelson Mullins Riley & Scarborough LLP
Tags
USA
Insolvency & Restructuring
Litigation
Nelson Mullins Riley & Scarborough LLP
Bankruptcy
Credit (finance)
Debtor
Collateral (finance)
Limited liability company
Secured creditor
Secured loan
Title 11 of the US Code
United States bankruptcy court
Fifth Circuit
Third Circuit