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.
February 7, 2017
bankruptcy | Rocco Debitetto
ABF Journal