Rochelle's Daily Wire

Split grows on allowance of makewholes and what constitutes disallowed, unmatured interest.

In a concurrence, Circuit Judge Jordan questions whether rollups are permitted under Eleventh Circuit authority.

The bankruptcy court was accorded wide discretion in deciding how to treat a $5.2 million loan that was neither disclosed to nor approved by the bankruptcy court.

Would Section 364(c) validate a “PPP” loan even if an order compelling the SBA to make the loan was reversed on appeal?

It isn’t duress when a lender threatens to take action that the loan agreement allows, the circuit court says.

Here’s an example of how state law prevents bankruptcy law from being uniform throughout the U.S.

Not having challenged pre-petition liens on time, a chapter 7 trustee was barred from taking over an adversary proceeding initiated by a now-dissolved chapter 11 creditors’ committee.

Fifth Circuit says that Oklahoma protected that state’s oil and gas producers while Texas didn’t.

The Eleventh Circuit decided that the SBA acted within its rulemaking power by precluding chapter 11 debtors from receiving PPP loans under the CARES Act.

California judge disagrees with a Texas judge and rules that creditors of a solvent debtor are not entitled to the higher state judgment rate or the higher contract rate.