Topic
Postpetition Interest
7 published works
In Solvency
Court Shocks Solvent PG&E with Electric Opinion Requiring High-Powered Interest Rates to Creditors
By Kevin McCarrell, Fox Rothschild
What rate of post-petition interest must a solvent debtor pay creditors whose claims are designated as unimpaired pursuant to Section 1124(1) of the Bankruptcy Code? [1] The answer can make…
Southern California Bankruptcy Law Blog
Payment of Postpetition Interest in Chapter 11 and Chapter 13 Plans
Some creditors are not entitled to postpetition interest on their claims. For example, general unsecured creditors typically don’t get postpetition interest pursuant to 11 U.S.C. § 502(b)(2). Other creditors are…
Restructuring Matters
Hertz: The “Solvent Debtor Exception” Loses Some Traction
The Bankruptcy Court for the District of Delaware recently expressed its view regarding the reach of the “solvent debtor exception” in In re The Hertz Corp., et al. The solvent…
The Banker’s Suit
Applying Iowa Law, 10th Circuit BAP Upholds Award of Post-Petition Interest, Finding 18% Default Rate Under Variable Rate Notes Incorporated By Reference to Bank Indexing System
The United States Bankruptcy Appellate Panel (“BAP”) for the 10th Circuit Applying Iowa law, recently upheld an award of post-petition interest of $377,097.31 at a rate of 18% (accruing at…
Delaware Bankruptcy Update
Post-petition Interest Excluded from Unsecured Indenture Creditor’s Claim
The U.S. Bankruptcy Court for the District of Delaware held in a recent opinion that post-petition interest should be excluded from an unsecured creditor's claim, as otherwise it would violate…
In Solvency
Post-petition Interest Excluded from Unsecured Indenture Creditor’s Claim
The U.S. Bankruptcy Court for the District of Delaware held in a recent opinion that post-petition interest should be excluded from an unsecured creditor's claim, as otherwise it would violate…
Bankruptcy Report
The First Circuit Chooses a “Flexible” Approach to Post-Petition Interest
By Sara Echenique, Anson Frelinghuysen
In a recent decision, the First Circuit used a “flexible” approach to value the collateral claimed by an oversecured creditor, and granted post-petition interest on the creditor’s claim. In re…