Secured creditor is entitled to unsecured claim for expectation damages upon prepayment

Date

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Location
USA
Firm
Cadwalader Wickersham & Taft LLP
Tags
USA
Insolvency & Restructuring
Litigation
Cadwalader Wickersham & Taft LLP
Bankruptcy
Debtor
Unsecured debt
Interest
Debt
Maturity (finance)
Liquidated damages
Refinancing
Default (finance)
Secured creditor
Debtor in possession
Secured loan
United States bankruptcy court
US District Court for SDNY