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Hitachi Capital Appeals Loan Case to 3rd Circuit

Late last week, the commercial finance arm of tech conglomerate Hitachi filed a notice of appeal concerning the adverse rulings and orders decreed by a

Junior Creditors Beware: Third Circuit Awards Damages For Breach Of Turnover Provision - Insolvency/Bankruptcy

Third Circuit Turnover Provision Ruling A Reminder For Creditors

The Court of Appeals for the Third Circuit ruled in CoFund II LLC v. Hitachi Capital America Corp. that junior creditor breached intercreditor agreement turnover provision when applying senior creditor collateral to satisfy their claims before senior creditor claims paid.

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