A creditor’s factual allegations in bankruptcy court must be taken as true on appeal to establish ‘prudential standing.’
Tenth Circuit avoids deciding whether equitable mootness applies outside of bankruptcy.
New York court delves into issues covered by the Fifth Circuit in Hawk and DeBerry.
The appeals court barred the secured lenders from renegotiating a carveout when a chapter 11 reorganization failed.
Operations must continue for a debtor to invoke Section 1114 in a chapter 11 liquidation, Eleventh Circuit says.