Get a Do-Over by Reinstating Your Prepetition Loan

Section 1124(2) of the Bankruptcy Code allows a Chapter 11 debtor to cure defaults under a prepetition loan agreement and reinstate the maturity date and other terms of the original agreement. Check out this expertly drafted article discussing a recent bankruptcy case which addressed the rate of interest to cure and reinstate a defaulted loan.

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  Understand the requirements to reinstate prepetition loans under Section 1124(2) of the Bankruptcy Code.

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