Buying Just Enough Unsecured Claims to Defeat Confirmation Is Ok, Ninth Circuit Says
To warrant ‘designation,’ a claim purchaser must have an ‘ulterior motive’ beyond self-interest.
ABI Membership is required to access the full summary. Please Sign in using your ABI Member credentials.
Not a Member yet? Try Us Out!
Sign up to receive Rochelle's Daily Wire and try out our membership for 15 days. When you do - you'll see why our members "Think ABI First".
N. Randy Smith
Pacific Western Bank v. Fagerdala USA-Lompoc Inc. (In re Fagerdala USA-Lompoc Inc.), 16-35430 (9th Cir. June 4, 2018)
In re Fagerdala USA-Lompoc Inc.