RadLAX Gateway Hotel v. Amalgamated Bank
Published on:
March 9, 2012
SIFMA submitted an Amicus “Friend of the Court” Brief.
Court:
U.S. Supreme Court
Amicus Issue:
Whether a debtor may pursue a Chapter 11 plan that proposes to sell assets free of liens without allowing the secured creditor to credit bid, but instead providing it with the indubitable equivalent of its claim under Section 1129(b)(2)(A)(iii) of the Bankruptcy Code.
Counsel of Record:
Wilmer Cutler Pickering Hale and Dorr LLP
Seth P. Waxman
Craig Goldblatt
Danielle Spinelli
Other Amici:
Loan Syndications and Trading Association
The American Bankers Association
The Clearing House
The Commercial Finance Association
The Commercial Real Estate Finance Council
The Equipment Leasing and Finance Association
The Financial Services Roundtable