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New Commercial Tenant-In-Common Can Modify Loan Terms In Bankruptcy, Even If Not a Party

In a recent decision, the U.S. Bankruptcy Court for the District of Massachusetts held that a mortgagee holds a claim that could be modified by a Chapter 11 plan even if the debtor was not indebted under the mortgage.

7 minute read December 01, 2024 at 12:09 AM
By
Andrew C. Kassner and Joseph N. Argentina Jr.
New Commercial Tenant-In-Common Can Modify Loan Terms In Bankruptcy, Even If Not a Party

By Andrew C. Kassner and Joseph N. Argentina Jr.

As the old saying goes — interesting facts make interesting law.

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