Troutman Pepper's Creditor’s Rights Toolkit is a series that provides practical insights to help creditors confront the challenges of commercial bankruptcy. Under the Absolute Priority Rule, for a ...

If a debtor can pay all the money it promised to pay, should it be required to do so, despite having filed for bankruptcy? Three federal courts of appeals have said yes, but there was a dissent in ...

Liquidation involves selling a company’s assets to pay off creditors when the business becomes insolvent. Under U.S. Bankruptcy Code Section 507, creditor claims are settled in a specific order, with ...