Rochelle's Daily Wire

ABI Exclusive

Default Rates Imposed Before Filing Must Be Cured to Assume a Loan Agreement

Monetary defaults, including default rates and fees, must be cured before a debtor may assume a loan agreement, New York’s Judge Bentley rules.

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Opinion Link

Case Details

Case Citation

In re Golden Seahorse LLC, 22-11582 (Bankr. S.D.N.Y. July 31, 2023).

Case Name

In re Golden Seahorse LLC

Case Type

Business