Eugene Kim

Eugene Kim

Sheppard Mullin Richter & Hampton LLP

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Lenders Beware -- Fifth Circuit has lowered the bar for cramdown plan confirmation

In a recent Fifth Circuit decision, Western Real Estate Equities, LLC v. Village at Camp Bowie I, L.P., No. 12-10271 (5th Cir. 2013), the court held that the acceptance vote from a minimally and “artificially impaired” class...more

4/1/2013 - Artificial Impairment Chapter 11 Cramdown Debtors Lenders

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