To Participate or Not to Participate: A Secured Party's Question

This article considers what might happen to a secured claim if the creditor fails, or elects not, to participate in its debtor's bankruptcy case.

31 minute read October 24, 2012 at 10:42 AM

Alan M. Christenfeld And Barbara M. Goodstein

To Participate or Not to Participate: A Secured Party's Question

Economic downturns often oblige secured lenders to become involved actively in the bankruptcy of their borrowers and in related disputes concerning the propriety of the lenders' secured claims and the treatment of those claims in the borrowers' reorganization or liquidation.

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