Stephen Selbst Steven Smith

Stephen Selbst Steven Smith

September 27, 2023 | New York Law Journal

To Reinstate or Not To Reinstate Debt? That Is the Question in a Rising Interest Rate Environment

This 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