Amicus Curiae Brief, RadLAX v. Amalgamated Bank, No. 11-166 (U.S. 2012)

November 05, 2012
Dechert’s amicus brief supported respondent Amalgamated Bank in this case, which presented the question whether a Chapter 11 plan that proposes to sell property free of liens, and leave the secured creditor with nothing more than the proceeds of the sale, must permit the secured creditor to credit bid, as required by 11 U.S.C. section [please use section sign] 1129(b)(2)(A)(ii) of the Bankruptcy Code. Dechert attorneys G. Eric Brunstad, Jr. (counsel of record), Collin O’Connor Udell, and Matthew J. Delude filed the amicus curiae brief in support of respondent.