Buying Just Enough Unsecured Claims to Defeat Confirmation Is Ok, Ninth Circuit Says
To warrant ‘designation,’ a claim purchaser must have an ‘ulterior motive’ beyond self-interest.
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Case Details
Judge Name
Case Citation
Pacific Western Bank v. Fagerdala USA-Lompoc Inc. (In re Fagerdala USA-Lompoc Inc.), 16-35430 (9th Cir. June 4, 2018)
Case Name
In re Fagerdala USA-Lompoc Inc.
Case Type
Business