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Chapter 11 › Qualified Restricted Stock Units (RSUs)

Kramer Levin Naftalis & Frankel LLP

Second Circuit: Reclassification of Claim as Equity Interest? Not Unless It Is Duplicative

Kramer Levin Naftalis & Frankel LLP on

The Second Circuit affirmed the bankruptcy and district courts’ decisions subordinating claims asserted against the Debtor by holders of restricted stock units. However, while the court agreed with the lower courts that the...more

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