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Secured Debt Valuation

Fox Rothschild LLP

When values become stale: valuation of collateral in bankruptcy proceedings – In re S-Tek 1, LLC, a case study

Fox Rothschild LLP on

The Bankruptcy Code contemplates the valuation of a secured creditor’s collateral for a variety of purposes at different stages of a bankruptcy case. While title 11 of the United States Code (the “Bankruptcy Code”) does not...more

Morrison & Foerster LLP

Sanctioned: Virgin Active's Restructuring Plans

On 12 May 2021, the High Court sanctioned three inter-conditional restructuring plans, under the Part 26A of the Companies Act 2006, for certain English subsidiaries of the Virgin Active group, despite major opposition of...more

Bilzin Sumberg

Valuing a Secured Creditors Collateral: A Time Frame

Bilzin Sumberg on

Section 506(a)(1) of the Bankruptcy Code provides common-sense instruction that the allowed amount of a secured claim is equal to the value of the collateral securing the claim and that a claim is unsecured to the extent the...more

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