Rochelle's Daily Wire

ABI Exclusive

A Cash Collateral Carveout Doesn’t Automatically Make a Bank Liable for Fees

Bankruptcy Judge Lloyd limits a recent Sixth Circuit opinion to its facts in holding that a bank was not liable to pay professional fees from a cash collateral carveout.

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Opinion Link

Case Details

Judge Name

Joan A. Lloyd

Case Citation

In re Chieftain Steel LLC, 16-10407 (Bankr. W.D. Ky. March 13, 2019)

Case Name

In re Chieftain Steel LLC

Case Type

Business