Illinois Bankruptcy Court Sets Low Bar for Equitable Subordination of Insider Loan

Journal of Corporate Renewal

“For a distressed company running low on capital, an investment from insiders may represent a last best hope for survival. Insiders may be willing to risk throwing good money after bad for a chance to save the company even when any third party would stay safely away.”

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Related Contacts
Michael Klein Special Counsel, New York
Related Practices & Industries

Business Restructuring & Reorganization