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United States First Circuit


HSBC Bank USA v. Bank of New York Mellon Trust, 10-1456

In a bankruptcy dispute concerning whether a senior debtor is entitled to post-petition interest, judgment of the district court affirming bankruptcy court's finding that junior indentures did not intend to permit the holders of senior debt to receive post-petition interest prior to payment on the junior debt is affirmed where court: 1) applied correct law; 2) properly analyzed the evidence; and 3) properly found competent extrinsic evidence supporting the parties' intent.

Appellate Information

  • Decided 06/23/2011
  • Published 06/23/2011

Judges

  • STAHL

Court

  • United States First Circuit

Counsel

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