Looking a gift horse in the mouth: Second Circuit finds class-skipping gift violates absolute priority rule

Date

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Location
USA
Authors
Henry J. Jaffe
Deborah Kovsky-Apap
Firm
Troutman Pepper
Tags
USA
Insolvency & Restructuring
Litigation
Troutman Pepper
Share (finance)
Shareholder
Debtor
Unsecured debt
Interest
Debt
Consent
Secured creditor
Unsecured creditor
Warrant (finance)
Secured loan
Second Circuit
United States bankruptcy court
Third Circuit