Fifth Circuit finds that make-whole premiums should be considered unmatured interest subject to disallowance under Section 502(b)(2) of the Bankruptcy Code to the extent designed to compensate for future interest...more
Possible application of Section 101(22)(A) to safe harbor’s covered entity requirement raises important questions for future transferee defendants.
Key Points:
..Merit Management raises the possibility that customers of...more
4/13/2018
/ Avoidance ,
Bankruptcy Code ,
Chapter 11 ,
Commercial Bankruptcy ,
Covered Entities ,
Financial Institutions ,
Fraudulent Transfers ,
Intracompany Transferees ,
Merit Management Group v FTI Consulting ,
Publicly-Traded Companies ,
Safe Harbors ,
SCOTUS ,
Section 546(e) ,
Securities