Bankruptcy court allows collateral agent to credit bid without 100% approval of senior lenders in same facility

Date

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Location
USA
Authors
Adam C. Harris
David M. Hillman
Lawrence V. Gelber
Michael L. Cook
Firm
Schulte Roth & Zabel LLP
Tags
USA
Delaware
Banking
Insolvency & Restructuring
Litigation
Schulte Roth & Zabel LLP
Bankruptcy
Credit (finance)
Debtor
Collateral (finance)
Waiver
Consent
Line of credit
Secured creditor
Secured loan
Title 11 of the US Code
Uniform Commercial Code (USA)
Delaware Supreme Court
United States bankruptcy court
US District Court for District of Delaware