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Bankruptcy Court Rejects Challenge To Pre-Bankruptcy Uptier Transactions - Insolvency/Bankruptcy - Vimarsana News

Bankruptcy Court Rejects Challenge To Pre-Bankruptcy Uptier Transactions - Insolvency/Bankruptcy

There have been several so-called "uptier" transactions over the last several years, where lenders have provided "rescue financing" to a distressed company senior in priority to existing debt.

Source: mondaq.com