Tag Archives: Rocco Debitetto

Sit Down, Shut Up and Mind Your Own Business: Controlling Subordinate Lenders in Bankruptcy

As the senior lender, your rights to recoup your funds should be top priority during bankruptcy proceedings. But those pesky subordinate lenders often get in the way. Rocco I. Debitetto explains the best way to craft an intercreditor agreement that forces subordinate lenders to “sit down, shut up and mind their own business” until you get paid.