Second Circuit: Unimpaired, Unsecured Creditors Don’t Get Post-Petition Interest
There’s no circuit split on post-petition interest, because the Second Circuit agreed with the Third, Fifth and Ninth Circuits.
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Second Circuit Definitively Defines ‘Inquiry Notice’ Under New York Law
Saving Revlon’s bank $500 million, the Second Circuit holds that the law of restitution allows a bank to recover payments made mistakenly when the recipient had no right to receive the payment.