The Ad Hoc Group of Senior Secured Noteholders and DIP Lenders (the “Ad Hoc Group”) obtained a unanimous judgment in their favor in an appeal following Sanchez Energy Company’s long-running, hard-fought bankruptcy case. Once...more
7/24/2025
/ Appeals ,
Bankruptcy Code ,
Bankruptcy Court ,
Borrowers ,
Chapter 11 ,
Chapter 15 ,
Commercial Bankruptcy ,
Creditors ,
Debt ,
Debt Restructuring ,
Debtors ,
Delinquent Borrowers ,
Lenders ,
Multinationals ,
Reorganizations ,
Sale of Assets ,
Secured Debt
Section 363(f)(5) of the Bankruptcy Code allows a bankruptcy trustee to sell estate property free and clear of any competing interest in the property (such as a lien or other security interest) if the interest holder "could...more
7/22/2025
/ Bankruptcy Code ,
Bankruptcy Court ,
Bankruptcy Trustees ,
Chapter 11 ,
Commercial Bankruptcy ,
Creditors ,
Debtors ,
Foreclosure ,
Foreclosure Sales ,
Jurisdiction ,
Liens ,
New York ,
Real Estate Transactions ,
Sale of Assets ,
Section 363 ,
Uniform Commercial Code (UCC)