Judge Somers News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Judge somers. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Judge Somers Today - Breaking & Trending Today

In Re Fencepost Productions: Prudential Standing Doctrine Blocks A Subordinated Creditor From Voting - Insolvency/Bankruptcy/Re-structuring


To print this article, all you need is to be registered or login on Mondaq.com.
In a March 2021 decision in the jointly administered bankruptcy
cases of Fencepost Productions, Inc. and certain of its affiliates,
Judge Dale L. Somers of the Bankruptcy Court for the District of
Kansas declined to enforce a voting restriction in subordination
agreements between two of the debtors creditors, but
nonetheless found that the deeply subordinated creditors were
barred from voting on the debtors plan because they lacked
prudential standing.
1 In declining to enforce the
contractual voting restriction, the decision defies a trend toward
enforcing subordination and intercreditor agreement terms - so long ....

New York , United States , Dalel Somers , Fencepost Productions Inc , Fencepost Prods Inc , Lexmark Intl Inc , Components Inc , Old Dominion Apparel Corp , Co Inc , Bankruptcy Court , Fencepost Productions , Judge Dale , Judge Somers , Associated Bank , Bankruptcy Code , Northern District , North Lasalle Street Partnership , Southern District , Fencepost Prods , Old Dominion Apparel , Lexmark Int L , Control Components , In Re Fencepost Productions Prudential Standing Doctrine Blocksa Subordinated Creditor From Voting , Insolvency Bankruptcy Re Structuring , Insolvency Bankruptcy , புதியது யார்க் ,