In Re Dow Corning Corp.
United States Bankruptcy Court, E.D. Michigan
1Opinion of the Court
AMENDED OPINION ON THE MEANING OF “INTEREST AT THE LEGAL RATE” IN 11 U.S.C. § 726(a)(5)
ARTHUR J. SPECTOR, Chief Judge.
The Official Committee of Unsecured Creditors (“U/S CC”) and certain creditors holding general unsecured claims of a commercial nature objected to confirmation of the plan of reorganization filed jointly by the Debtor and the Official Committee of Tort Claimants (the “Proponents”). 1 One of the objections turns on the interpretation of the term “interest at the legal rate” found in 11 U.S.C. § 726(a)(5). Because the Court agrees with the Proponents that the term refers to the…
2Cases cited151 opinions
- United States v. Ron Pair Enterprises, Inc.Supreme Court of the United States · 1989
- Eisen v. Carlisle & JacquelinSupreme Court of the United States · 1974
- Hanna v. PlumerSupreme Court of the United States · 1965
- Catlin v. United StatesSupreme Court of the United States · 1945
- Tennessee Valley Authority v. HillSupreme Court of the United States · 1978
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3Cited by38 opinions
- In Re Samuel Duke Cardelucci, Debtor. Willem Onink, Marsha Onink v. Samuel Duke CardelucciCourt of Appeals for the Ninth Circuit · 2002
- In re W.R. Grace & Co.District Court, D. Delaware · 2012
- In Re Washington Mutual, Inc.United States Bankruptcy Court, D. Delaware · 2011
- In Re Coram Healthcare Corp.United States Bankruptcy Court, D. Delaware · 2004
- Eaves v. County Of Cape MayCourt of Appeals for the Third Circuit · 2001
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