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Cramdown Chapter 13 Market Based Approach

Latham & Watkins LLP

Second Circuit Requires Consideration of Efficient Market for Chapter 11 Cramdown Interest Rates

Latham & Watkins LLP on

Ruling overturns New York decision rejecting market-based approach. Key Points: - Court of Appeals for the Second Circuit requires courts to consider efficient market interest rate, if available, for purposes of chapter...more

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