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Whose right is it? Impact of bankruptcy on lender's prepetition exercise of proxy rights | Eversheds Sutherland (US) LLP - Vimarsana News

Whose right is it? Impact of bankruptcy on lender's prepetition exercise of proxy rights | Eversheds Sutherland (US) LLP

In In re CII Parent, Inc., the Bankruptcy Court for the District of Delaware affirmed a secured lender’s prepetition exercise of its proxy rights and its subsequent removal and...