Troutman Pepper's Creditor’s Rights Toolkit is a series that provides practical insights to help creditors confront the challenges of commercial bankruptcy. Under the Absolute Priority Rule, for a ...

Congress didn’t repeal the so-called absolute priority rule for individuals in Chapter 11 when it amended the Bankruptcy Code in 2005, a district judge in Philadelphia ruled. The issue has divided ...

If a debtor can pay all the money it promised to pay, should it be required to do so, despite having filed for bankruptcy? Three federal courts of appeals have said yes, but there was a dissent in ...

In the current economy, many Chapter 11 cases are used as a vehicle to sell estate assets free and clear of liens and other claims. By obtaining court approval, the assets can often be sold for a ...