News and Events

08/01/2012

Lenders Given Cause to ReLAX: U.S. Supreme Court Unanimously Upholds Credit-Bidding Rights for Chapter 11 Sales in RadLAX

Mark Melickian & Jack O'Connor, co-authors, “Lenders Given Cause to ReLAX: U.S. Supreme Court Unanimously Upholds Credit-Bidding Rights for Chapter 11 Sales in RadLAX,” American Bankruptcy Institute Journal (August 2012).

"Lenders Given Cause to ReLAX: U.S. Supreme Court Unanimously Upholds Credit-Bidding Rights for Chapter 11 Sales in RadLAX," an article in the August 2012 issue of the American Bankruptcy Institute Journal discusses the implications of the U.S. Supreme Court's recent decision in the RadLAX bankruptcy on credit bidding during bankruptcy auctions.