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Delaware Bankruptcy Court Overrules Objection of Lone Dissenting Syndicate Lender to Collateral Agent's Credit Bid |
April 29, 2009
Previously published on April 2009
One of the key protections afforded to secured creditors under the Bankruptcy Code is the right of a holder of a secured claim to credit bid the allowed amount of its claim as part of a sale process under section 363 of the Bankruptcy Code.
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The views expressed in this document are solely the views of the author and not Martindale-Hubbell. This document is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. |
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