United States: NY Court Of Appeals Holds No Bankruptcy Preemption Of Lender Tort Claims Against Related Third Parties - Ballard Spahr LLP

United States: NY Court Of Appeals Holds No Bankruptcy Preemption Of Lender Tort Claims Against Related Third Parties - Ballard Spahr LLP

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The State of New York Court of Appeals held that claims against non-debtor related parties, based on their actions to aid or induce Chapter 11 debtors to breach contractual loan covenants, were not...

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