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Sixth Circuit Enforces a ‘Carveout’ for Professionals after Conversion to Chapter 7

The appeals court barred the secured lenders from renegotiating a carveout when a chapter 11 reorganization failed.

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Opinion Link

Case Details

Judge Name

Gilbert S. Merritt, Jr.

Case Citation

East Coast Miner LLC v. Nixon Peabody LLP (In re Licking River Mining LLC), 17-6310 (6th Cir. Dec. 28, 2018)

Case Name

In re Licking River Mining LLC

Case Type

Business
Court