In Re Solutia Inc.

How courts have described this case

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

• holding that upon acceleration by the lender, unless the parties agree otherwise, a prepayment consideration provision does not apply
• noting that the automatic acceleration provision in a note indenture was “the result that [noteholders] bargained for”
• holding the defeasance clause was irrelevant since the debtors were not seeking to effect defeasance
• noting that “[i]t was entirely appropriate to provide for automatic acceleration in the Original Indenture since the giving of a notice of acceleration post-petition would violate the automatic stay”
• “It was entirely appropriate to provide for automatic acceleration in the Original Indenture .... ”
• “It was entirely appropriate to provide for automatic acceleration in the Original Indenture since the giving of a notice of acceleration postpetition would violate the automatic stay.”

Source: CourtListener parenthetical corpus (CC0).