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A Secured Creditor’s Guide To Navigating Chapter 11

Law360, New York (December 1, 2017, 12:31 PM EST) -- To a secured creditor, a borrower filing for Chapter 11 protection can present a daunting proposition — from digesting the schedules and first-day motions and tracking the many deadlines to developing and implementing a strategy to maximize potential recovery. This article is meant to be a map to help creditors traverse the Chapter 11 process and emerge as unscathed as possible. It includes tips as well as observations from experts in the field.

1. Understand the Loan and Collateral Position Quickly

When you don’t know where...
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