Junior Lenders Not Barred by Intercreditor Agreement from Objecting to Bid Procedures in Boston Generating Bankruptcy | Practical Law

Junior Lenders Not Barred by Intercreditor Agreement from Objecting to Bid Procedures in Boston Generating Bankruptcy | Practical Law

An update on the US Bankruptcy Court for the Southern District of New York's decision in In re Boston Generating LLC allowing the second lien lenders to object to bidding procedures in a section 363 sale under the Bankruptcy Code.

Junior Lenders Not Barred by Intercreditor Agreement from Objecting to Bid Procedures in Boston Generating Bankruptcy

by PLC Finance
Published on 27 Oct 2010New York
An update on the US Bankruptcy Court for the Southern District of New York's decision in In re Boston Generating LLC allowing the second lien lenders to object to bidding procedures in a section 363 sale under the Bankruptcy Code.