Article
RadLAX Gateway Hotel, LLC v. Amalgamated Bank: The Supreme Court Holds That Debtors Must Permit Credit-Bidding When Selling An Asset Free And Clear Of A Secured Creditor’s Lien Under A Chapter 11 Plan
On May 29, 2012, the Supreme Court issued its decision in RadLAX Gateway Hotel, LLC v. Amalgamated Bank, resolving a controversial issue that had divided the courts of appeals:
United States
Litigation