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
The Situation On January 17, 2019, the Fifth Circuit strongly suggested that claims for make-whole damages be characterized as "unmatured interest" and that claims for postpetition interest on unsecured debt be limited in...more