In Re Lantana Motel

How courts have described this case

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

• holding that subordination agreements which are enforceable under nonbankruptcy law are also enforceable in Chapter 11 cases
• concluding that mortgagee need not sign subordination under Florida law
• “By executing a lien subordination agreement, the subordinating party agrees to demote the priority of its lien to that of another secured creditor, thereby delaying its recourse to the identified collateral until the other party’s secured claim has been satisfied.”

Source: CourtListener parenthetical corpus (CC0).