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Second Circuit Revisits Mandatory Subordination Under Section 510(b)

For the third time in six years, the Second Circuit visited mandatory subordination of claims under Title 11 of the United States Code (the Bankruptcy Code. This article discusses the history of mandatory subordination and the current state of the law.

25 minute read December 20, 2012 at 09:59 AM
By
Adam H. Friedman And Jonathan T. Koevary
Second Circuit Revisits Mandatory Subordination Under Section 510(b)

For the third time in six years, the Second Circuit visited mandatory subordination of claims under Title 11 of the United States Code (the Bankruptcy Code). In CIT Grp. Inc. v.

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