United States Second Circuit
In Re MPM SIlicones, LLC, 15-1682
Largely affirming the lower court's support of a Chapter 11 reorganization plan despite creditor complaints that it eliminated or reduced the value of notes that they held because it comported with the Chapter 11 requirements, but remanding to address a deficiency relating to the determination of the proper interest rate under the cramdown provision of Chapter 11.
Appellate Information
- Published 2017/10/20
Judges
- PARKER
Court
- United States Second Circuit