Solvent Debtor’s Unimpaired Creditors Get Higher Interest Rate, Ninth Circuit Says

August 31, 2022

Solvent Debtor’s Unimpaired Creditors Get Higher Interest Rate, Ninth Circuit Says

Dissenter in the Ninth Circuit would have held that unimpaired creditors of a solvent debtor get no interest whatsoever, although impaired creditors are entitled to interest.

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Opinion Link

View Opinion

https://abi-opinions.s3.amazonaws.com/PG%26E+Cir+on+Interest.pdf

Case Details

Case Citation

Ad Hoc Committee of Holder of Trade Claims v. Pacific Gas & Electric Co. (In re Pacific Gas & Electric Co.), 21-16043 (9th Cir. Aug. 29, 2022).

Case Name

Ad Hoc Committee of Holder of Trade Claims v. Pacific Gas & Electric Co. (In re Pacific Gas & Electric Co.)

Case Type

Business

Court

9th Circuit

Bankruptcy Tags

Practice and Procedure

Business Reorganization