September 27, 2023 | New York Law Journal
To Reinstate or Not To Reinstate Debt? That Is the Question in a Rising Interest Rate EnvironmentThis article provides an overview of reinstatement, explores the facts that led the 'Charter' court to allow reinstatement and the 'Young Broadcasting' court to reject it and explains how the rising interest rate environment may affect Chapter 11 plan confirmations.
By Stephen Selbst, Steven Smith and Luc Pierre-Louis
12 minute read