InvestorsHub Logo
Followers 4
Posts 572
Boards Moderated 0
Alias Born 09/05/2006

Re: XOM post# 87621

Wednesday, 08/19/2009 10:34:42 PM

Wednesday, August 19, 2009 10:34:42 PM

Post# of 736081
It is clearly established that “the price paid for a claim does not affect the amount or of the creditor’s claim, or the creditor’s voting power” in bankruptcy proceedings. Fairfield Executive Assocs. v. Hyperion Credit Capital Partners, L.P. (In reFairfield Executive Assocs.), 161 B.R. 595, 602 (D.N.J. 1993) (citing In re Pittsburgh Rys. Co., 159 F.2d 630, 632-33 (3d Cir. 1946) (finding that “discount purchases” of the
debtors’ securities during its reorganization did not affect the creditors’ rights with respect to the full face amount of those claims))
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent COOP News