United States Supreme Court

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RadLAX Gateway Hotel, LLC v. Amalgamated Bank, 11-166

In Chapter 11 bankruptcy proceedings, a creditor bank's objection to the debtor's cramdown plan is sustained, where the proposed sale of the bank's collateral free and clear of the bank’s lien would not comply with 11 USC section 1129(b)(2)(A) because it would not permit the bank to credit-bid at the sale.

Appellate Information

  • Decided 05/29/2012
  • Published 05/29/2012

Judges

  • Scalia

Court

  • United States Supreme Court

Counsel