Third Circuit rules secured creditors do not have a right as a matter of law to credit bid in bankruptcy plan sale

Date

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Location
USA
Firm
Winston & Strawn LLP
Tags
USA
Insolvency & Restructuring
Litigation
Winston & Strawn LLP
Bankruptcy
Credit (finance)
Debtor
Collateral (finance)
Statutory interpretation
Interest
Secured creditor
Secured loan
Title 11 of the US Code
US Congress
United States bankruptcy court
Third Circuit
US District Court for Eastern District of Pennsylvania