Mandatory Subordination Does Not Compel Claim Disallowance and Does Not Apply to Individual Debtors
In Khan v. Barton (In re Khan), CC-14-1021-TaDKi, CC-14-1041-TaDKi, CC-14-1062-TaDKi (9th Cir. BAP Dec. 9, 2014), the Bankruptcy Appellate Panel of the United States Court of Appeals for the Ninth Circuit (the “BAP”) held that mandatory subordination of a claim under Bankruptcy Code Section 510(b) does not compel disalowance of the claim and does not apply to individual debtors. Read more here: http://tinyurl.com/mpqslnl
Contributor
About
Reno F.R. Fernandez III is a partner with Macdonald Fernandez LLP, a California bankruptcy, turnaround, insolvency and litigation firm. Check us out at www.macfern.com.
Reno F.R. Fernandez III is a partner with Macdonald Fernandez LLP, a California bankruptcy, turnaround, insolvency and litigation firm. Check us out at www.macfern.com.
Categories
- Articles 304
- Bankruptcy 44
- Business 130
- Cases & Codes 68
- Contracts 27
- Criminal Law 110
- Employment 24
- Expert Reports 3
- Expert Witness 36
- Family Law 47
- Form Letters 15
- Immigration 6
- Intellectual Prop 32
- Internet Law 9
- Law Practice 96
- Law School 1
- Legal Research 14
- Litigation 186
- Miscellaneous 63
- PR Web 41689
- Personal Injury 586
- Press Release 43
- Probate 54
- Real Estate 68
- Tax Law 23
- Workers Comp 2