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Expert Analysis

Creditors May Not Get All They're Owed After Tribune Ruling

By Lisa Schweitzer and Thomas Lynch ( September 2, 2020, 5:38 PM EDT) -- You can't always get what you want, or what you thought you were owed under a subordination agreement, according to the U.S. Court of Appeals for the Third Circuit in its recent decision in In re: Tribune Co.,[1] when it affirmed the cramdown of the media conglomerate's Chapter 11 plan of reorganization.[2]...

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