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· 3/18/1998

In Re Vest Associates

Citations

  • 217 B.R. 696
  • 1998 Bankr. LEXIS 337
  • 1998 WL 138777

How courts have described this case

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

  • finding that a creditor may receive reasonable fees and costs only to the “extent that an allowed claim is oversecured”
  • “The develop ing consensus is a presumption in favor of the contract default rate subject to equitable considerations.”
  • “The inclusion of a default rate actually may benefit a debtor because it has the benefit of a lower rate until an event triggering default occurs.”
  • “a differential of 5% certainly falls within the range of reasonableness”
  • each considering effect of default interest on other creditors

Source: CourtListener parenthetical corpus (CC0).

Judges: Tina L. Brozman

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.