The Curious Case of Security Interests in FCC Licenses

In their Secured Transactions column, Alan M. Christenfeld, senior counsel at Clifford Chance, and Barbara M. Goodstein, a partner at Mayer Brown, write: The struggles of secured lenders to convince bankruptcy courts that proceeds of the sale of an FCC license are original collateral, and, in particular, that a lien on such collateral has attached pre-petition, are highlighted in two recent federal court decisions.

This article requires premium access

This article requires premium access to The New York Law Journal. Please sign in or subscribe to read the full text.