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2022-01-14 15:30沛森版权编辑:mozhe人气:


数字版权中心_专利代理公司成立条件_专业解答

Solutia Bankruptcy Court Decision Limits Secured Creditors’ Recoveries Publications Share this See Also Share this November 28, 2007 Full PDF In a recent decision in a claims objection proceeding in theSolutia chapter 11 case, the Bankruptcy Court for theSouthern District of New York set clear limits on the allowance ofsecured claims. Specifically, the Court reaffirmed the disallowanceof unamortized OID in the bankruptcy context, ruled that an attemptby noteholders to de-accelerate debt that had become dueautomatically upon the filing of Solutia's chapter 11 petitionviolated the automatic stay, and declined to follow the holding inIn re Calpine Corp. that allowed noteholders to recoverfor "dashed expectations" where the debtor sought to repay debtprior to applicable call dates.

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