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Expert Analysis

Avoiding Subordination Of Secured Debt After TPC Decision

By Jason Cohen, Mark Dendinger and Jonathan Lozano (July 19, 2022, 5:18 PM EDT) -- Following a July 6 memorandum opinion from the U.S. Bankruptcy Court for the District of Delaware, lenders and noteholders risk subordination of their liens absent explicit language prohibiting such subordination in their respective debt documents....

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