Recent Bankruptcy Developments: Meet the Investors in Chapter 11 – Should Motives Matter?
Recent bankruptcy cases have highlighted a renewed focus on both the identity and motives of creditors actively participating in bankruptcy cases. Taken together, these cases reflect a growing trend to restrict the available strategies for some creditors, and in certain instances, require extensive disclosures bases on their identity and perceived motives.
Reprinted with permission of the LSTA. The LSTA 2011 Loan Market Chronicle, Copyright 2011 by The Loan Syndications and Trading Association Inc., New York, New York. Reproductions, modification, distribution or public display without express written permission of the LSTA is prohibited.