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Fifth Circuit, Like Ninth Circuit, Allows Post-Bankruptcy Contract Rate Interest In Solvent Debtor Case - Insolvency/Bankruptcy - Vimarsana News

Fifth Circuit, Like Ninth Circuit, Allows Post-Bankruptcy Contract Rate Interest In Solvent Debtor Case - Insolvency/Bankruptcy

[B]ecause Congress has not clearly abrogated the solvent-debtor exception," the U.S. Court of Appeals for the Fifth Circuit held that a reorganized solvent debtor had...

Source: mondaq.com