Momentive Performance Materials, et al. v. BOKF, NA, et al.
Published on:
September 11, 2015
SIFMA has submitted an Amicus “Friend of the Court” Brief.
Court:
U.S. Court of Appeals
(Second Circuit)
Amicus Issue:
Whether a plan of reorganization in bankruptcy that obligates an oversecured creditor to accept property of a type traded in public markets at a value markedly less than the amount of the creditor’s secured claim provides property “of at least the value” of that claim for purposes of 11 U.S.C. § 1129(b)(2)(A)(i)(II).
Counsel of Record:
Ronald J. Mann
Columbia Law School
Other Amici:
Loan Syndications and Trading Association
Managed Funds Association