Tag Archives: Subordination

Equitable Subordination of a Creditors Secured Claim when such Secured Creditor is, itself, in

In a majority opinion dated December 15, 2009, the Ninth Circuit Bankruptcy Appellate Panel held that a chapter 11 debtor may not equitably subordinate a creditors claim and transfer the lien securing that claim, when such creditor is, itself, in bankruptcy, before … Continue reading

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