Bankruptcy Claims Traders Alert

The Seventh Circuit recently affirmed a ruling that the purchaser of a claim based upon an executory contract that was ultimately rejected by a Chapter 11 DIP is not entitled to cure amounts as part of its allowed claim.

29 minute read May 14, 2011 at 11:38 AM

Scott J. Friedman And Mark G. Douglas

Over the past five years, courts have issued rulings of potential concern to buyers of distressed debt.

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