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Although It Paid Creditors in Full, Eleventh Circuit Subordinates an Unauthorized Loan

Eleventh Circuit gives the bankruptcy judge wide discretion in subordinating debts and denying retroactive approval of loans.

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Opinion Link

Case Details

Case Citation

Norcross Hospitality LLC v. Jones (In re Nilhan Developers LLC), 21-13820 (11th Cir. Aug. 11, 2022)

Case Name

Norcross Hospitality LLC v. Jones (In re Nilhan Developers LLC)

Case Type

Business
Court