Enforcement of Intercreclitor Agreements in Bankruptcy.
- Resource Type
- Article
- Authors
- JACOBSON, SETH; MEISLER, RON; KRIEGEL, MATT; FIELD, KATHERINE
- Source
- Norton Journal of Bankruptcy Law & Practice; 2011, Vol. 20 Issue 3, p343-364, 22p
- Subject
- INTERCREDITOR agreements
LEGAL compliance
BANKRUPTCY
- Language
- ISSN
- 23745606
The article discusses the intercreditor agreement and the enforcement of various other provisions which could be found under section 510(a) of the Bankruptcy Code in the U.S. It maintains that lenders and borrowers have developed complex intercreditor agreements and allocating everything from lien priorities, enforcement rights and waivers of various rights in bankruptcy. The first published case of Hart Ski Manufacturing Co. Inc. is also tackled.