“Too Many Hats”: The Peculiar Problems and Challenges that Arise When an Equity Sponsor/ Secured Lender Is a DIP Lender/Stalking-Horse Buyer in a Chapter 11 Case
Federal Credit Union Held to Be a ‘Governmental Unit’ for All Purposes
Although federal credit unions are not controlled by the government, they are governmental units under the Bankruptcy Code, Judge Jacobvitz says.
Court: