Silver Point Seeks Full Interest Payment In K-V Bankruptcy

Law360, New York (July 8, 2013, 5:15 PM EDT) -- Silver Point Finance LLC and other senior noteholders in K-V Pharmaceutical Co.’s bankruptcy on Wednesday urged a New York bankruptcy judge to force the company to pay millions in accrued interest on a group of senior bonds.

The senior noteholders, who said they are owed $235.8 million on their notes as of K-V’s bankruptcy filing last summer, recently let go of an unsuccessful bid to finance K-V’s exit from bankruptcy and take over the women’s health company once it emerges. Though they are slated to receive...
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