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Equitable Subordination Unsecured Debt

Foley & Lardner LLP

In re Sentinel Management: The Seventh Circuit Considers Equitable Subordination

Foley & Lardner LLP on

Equitable subordination in bankruptcy can be a powerful tool, providing a court with considerable latitude to set things right insofar as the estates of the penniless and the rights of their creditors are concerned. But...more

Mintz - Bankruptcy & Restructuring Viewpoints

Insider Loans Equitably Subordinated

In SGK Ventures, LLC, the Bankruptcy Court for the Northern District of Illinois ordered that the secured claims of two entities controlled by insiders of the debtor be equitably subordinated to the claims of unsecured...more

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