Solvent Debtors Must pay the Contractual Post-Petition Interest Rate on Unimpaired Claims
ABI
JANUARY 22, 2023
the United States Court of Appeals for the Ninth Circuit held that solvent-debtors are required to pay unimpaired creditors their bargained for post-petition interest rate. [1] 1] In January 2019, PG&E Corp. filed for chapter 11 bankruptcy due to the potential liabilities they were facing following the California wildfires. [2]
Let's personalize your content