Menotte v. NLC Holding Corp. (In Re First NLC Financial Services, LLC)

How courts have described this case

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

• “Recharacterization prevents an equity investor from labeling its 13 contribution as a loan, and subverting the Bankruptcy Code’s critical priority system 14 by guaranteeing itself a higher priority—and a larger recovery—should the debtor file 15 for bankruptcy.”
• “Recharacterization prevents an equity investor from labeling its 13 contribution as a loan, and subverting the Bankruptcy Code’s critical priority system 14 by guaranteeing itself a higher priority—and a larger recovery—should the debtor file 15 for bankruptcy.”

Source: CourtListener parenthetical corpus (CC0).