In their Financing column, Jeffrey B. Steiner and Jason R. Goldstein, members of DLA Piper, write that while New York bankruptcy courts have interpreted the application of the cramdown provision differently than a recent bankruptcy court decision, the fair and equitable analysis has yielded wide-ranging results nationawide.
The Wild West? Extreme Loan Modification in 'Transwest'
New York Law Journal
July 18, 2012
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