Rough Justice: Third Circuit Holds In Tribune That A Cramdown Plan May Discriminate-But Not Unfairly-By Reallocating A Portion Of Proceeds, Overriding A Subordination Agreement

Authors :: McDowell, Luckey
Source :: Mondaq Business Briefing. October 1, 2020
Publication Year :: 2020
Abstract: On August 26, 2020, the Court of Appeals for the Third Circuit held that the Bankruptcy Code does not require subordination agreements to be strictly enforced in order for a [...]

Subjects :: United States. Bankruptcy Courts -- Powers and duties
United States. Court of Appeals for the 3d Circuit -- Powers and duties
Tribune Company Inc. -- Cases
Bankruptcy -- Cases
Discrimination -- Cases
Subordinated debentures -- Cases
Bankruptcy reorganization -- Laws, regulations and rules
Newspaper publishing -- Cases
Company legal issue
Government regulation
Company bankruptcy
Business, international
Bankruptcy Code of 1978

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