In Re Moody National SHS Houston H, LLC

How courts have described this case

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

• holding that in order to cure a default and reinstate a loan, a lender is entitled to the default rate of interest in accordance with the underlying agreement and applicable state law
• finding that unimpairment of a creditor’s claim requires the payment of interest at the default rate
• finding that Congress addressed the problem in Rake with a “broader declaration.”
• “to the extent that there was ambiguity as to how to cure a default when Entz-White was written, that ambiguity evaporated in 1994 when § 1123(d) was added” to the Bankruptcy Code
• § 1123(d) includes a requirement to pay default interest

Source: CourtListener parenthetical corpus (CC0).