by Matthew Gensburg | Jun 3, 2021 | GCK on Law
Section 1123(b)(6) of the Bankruptcy Code provides that a plan may “include any other appropriate provision not inconsistent with the applicable provisions of this title.” Section 105(a) of the Bankruptcy Code provides that the Court “may issue any order,...
by Matthew Gensburg | May 28, 2021 | Distressed Assets Newsletter
5/19/2021 [Edition 1, Volume 2] In many distressed situations, there are opportunities for clients to acquire assets at discounted prices....
by Matthew Gensburg | May 21, 2021 | GCK on Law
A chapter 11 debtor generally may not make payments or other distributions on account of prepetition claims except through a confirmed plan of reorganization or court-authorized liquidation. See 11 U.S.C. §1129(b)(1). See also In re Windstream Holdings Inc., 614...
by Matthew Gensburg | May 19, 2021 | Distressed Assets Newsletter
5/19/2021 [Edition 1, Volume 1] In many distressed situations, there are opportunities for clients to acquire assets at discounted prices....
by Matthew Gensburg | May 10, 2021 | GCK on Law
It has been stated that under general equitable principles of insolvency law, interest ceases to accrue at the beginning of a bankruptcy case. Three reasons have been given for this rule: (1) postpetition interest is a penalty imposed for a delay of payment required...
