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Determining the Collateral Value of a Secured Claim

DailyDAC

Knowing the collateral value of a secured claim is important. The post Determining the Collateral Value of a Secured Claim appeared first on DailyDAC. It will impact how the secured creditor is treated under the plan.

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Kuney’s Corner – Giving Secured Creditor Substitute Collateral in a Chapter 11 Cramdown

DailyDAC

Pacifying a Hostile Lender with a Motion to Substitute Collateral Can a Chapter 11 debtor confirm a plan that gives a hostile secured creditor a lien on an orange as a substitute, in essence, for the secured creditor’s lien on an apple that the debtor wants to keep and use?1

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Fundamental Decisions in a Distressed Organization

DailyDAC

An organization that is in distress faces a harsh reality: to attempt to turnaround the business or dispose of it. This existential decision is incredibly time-sensitive, as any delay in action erodes the possibility of a successful recovery.