Developments in Distressed Lending

Recently, in two separate cases, secured lenders have received, as part of their adequate protection package, the right to obtain principal paydowns during a bankruptcy case.

26 minute read October 26, 2010 at 11:25 AM
By
Fredric Sosnick, Jill Frizzley And Robert Britton
Developments in Distressed Lending

Most participants in the distressed debt market for secured loans are familiar with the concept of adequate protection in bankruptcy.

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