Michael E. Foreman

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Recently by Michael E. Foreman

Radnor Holdings: Delaware Bankruptcy Court Upholds Lenders' Actions

In the Radnor Holdings Chapter 11 case, Case No. 06-10894 (PJW) (Bankr. D. Del., November 17, 2006), the Delaware Bankruptcy Court has reinforced a secured lender's ability to take reasonable, market-tested actions to protect its position. The court overruled the objections of the official...

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