NY Court Limits Rights Of Assignees, Indenture Trustees

Law360, New York (October 23, 2014, 10:23 AM EDT) -- In Cortlandt St. Recovery Corp. v Hellas Telecommunications SARL, 2014 NY Slip Op 24268 (Sup. Ct., N.Y. County 2014), the Supreme Court of the State of New York ruled on two important issues related to the right to sue for recovery with respect to notes issued under indentures....

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