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Re-Characterization Lenders

Allen Matkins

Lenders Beware: Debt Can Now Be Recharacterized as Equity in the Ninth Circuit

Allen Matkins on

For the last 27 years, bankruptcy courts in the Ninth Circuit consistently held that debt could not be recharacterized as equity unless the movant proved inequitable conduct by the debt holder. On April 30, 2013, the Ninth...more

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