In Re DWS Investments, Inc.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• whether to allow interest in bankruptcy depends on the “balance of equities between creditor and creditor or between creditor and the debtor”
• “A default rate of interest should not be a penalty. Rather, it should be a means for compensating the creditor for any loss resulting from the nonpayment of principal at maturity”.
• 25% default rate of interest deemed a penalty
• 24% default rate of interest deemed penalty

Source: CourtListener parenthetical corpus (CC0).