Bankruptcy Court Shields Equity Sponsors Serving as Secured Lenders from Individual Creditor Seeking to Litigate Subordination and Recharacterization Claims Released by the Debtor
By EsqSocial Corporation 22/05/14
In a recent case — In re Optim Energy, LLC — the Delaware Bankruptcy Court denied an individual creditor’s request to pursue the subordination or recharacterization of the claims of secured lenders who were also the debtors’ equity sponsors. The...
By: Goodwin Procter LLP