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To Fund or Not to Fund? Responding to a Draw Request from a Distressed Borrower

Journal Issue: 
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Cases Discussed 
In re Lyondell Chem. Co. (Weisfelner v. Blavatnik), 544 B.R. 75 (Bankr. S.D.N.Y. 2016); JPMorgan Chase Bank NA v. Luxor Capital LLC, 938 N.Y.S.2d 227 (N.Y. Sup. July 25, 2011); Avenue CLO Fund Ltd. V. Bank of Am. NA, 709 F.3d 1072 (11th Cir. 2013); Official Committee of Unsecured Creditors of Cybergenics v. Chinery, 330 F.3d 548 (3d Cir. 2003); and Deutsche Bank AG v. JPMorgan Chase Bank, 2007 WL 2823129, at *1 (S.D.N.Y. Sep. 27, 2007) (affirmed, 331 Fed. App'x 39 (2d Cir. 2009).
Journal Date: 
Thursday, June 1, 2017
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