American Bankruptcy Institute: Developments Affecting Post-Petition Interest Rates
July 8, 2024
O’Melveny partner Jennifer Taylor and associate Bryce May co-authored this article that discusses whether the solvent-debtor exception survives in determining the appropriate post-petition rate that must be applied to unimpaired claims under a chapter 11 plan, whether the solvent-debtor exception similarly requires the payment of makewholes, and whether reinstated creditors are entitled to collect post-petition interest at the default rate.
American Bankruptcy Institute subscribers can read the full article here.