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Rejection Didn’t Rescind Sale of Future Credit Card Receivables, New York Judge Says

Bankruptcy Judge Glenn hints that the lenders and the debtor should mediate tough questions about the enforceability of a $150 million ‘sale’ of future credit card receivables.

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Opinion Link

Case Details

Case Citation

In re Avianca Holdings S.A., 20-11133 (Bankr. S.D.N.Y. Sept. 4, 2020).

Case Name

In re Avianca Holdings S.A

Case Type

Business