First Impressions: Fifth Circuit Rules That Noninsider Claims Can Be Recharacterized As Equity

Source :: Mondaq Business Briefing. November 14, 2011
Publication Year :: 2011
Abstract: The ability of a bankruptcy court to reorder the priority of claims or interests by means of equitable subordination or recharacterization of debt as equity is generally recognized. Even so, [...]

Subjects :: Grossman Corp. -- Cases
Circuit courts -- Management
Petroleum services industry -- Cases
Bankruptcy -- Cases
Bankruptcy courts -- Management
Company legal issue
Company business management
Company bankruptcy
Business, international

Tools