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The Validity of a ‘Golden Share’ to Bar a Filing Goes to the Fifth Circuit

The Fifth Circuit is being asked to decide whether loan structuring can prevent a borrower from filing bankruptcy.

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Opinion Link

Case Details

Judge Name

Edward Ellington

Case Citation

In re Franchise Services of North America Inc., 17-2361 (Bankr. S.D. Miss. Dec. 18, 2017 and Jan. 17, 2018)

Case Name

In re Franchise Services of North America Inc.

Case Type

Business