In Lender-on-Lender Violence, an ‘Uptier’ Financing Bites the Dust, this Time in Houston
Fancy drafting by ‘brilliant financiers and lawyers,’ the judge said, didn’t validate an uptier transaction when the ‘effect’ was to release collateral without a two-thirds vote.
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Case Details
Case Citation
Wesco Aircraft Holdings Inc. v. SSD Investments Ltd. (In re Wesco Aircraft Holdings Inc.), 23-3091 (Bankr. S.D. Tex. Jan. 17, 2025)
Case Name
Wesco Aircraft Holdings Inc. v. SSD Investments Ltd. (In re Wesco Aircraft Holdings Inc.)
Case Type
Business
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