New Bankruptcy Case to be Argued at the Supreme Court Next Monday

RadLAX Gateway Hotel, LLC v. Amalgamated Bank

Docket No. Op. Below Argument Opinion Vote Author Term
11-166 7th Cir. Apr 23, 2012 TBD TBD TBD OT 2011

 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.

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