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Financing During Saudi Financial Restructuring Proceedings

An otherwise viable business experiencing a cash flow crisis may seek relief under Chapter Four of the Kingdom of Saudi Arabia (“KSA”) Bankruptcy Law (“Bankruptcy Law”), a flexible statute that helps facilitate the financial...more

PG&E Bankruptcy Court Finds that Postpetition Interest for Unsecured Creditors Must be Calculated at the Federal Judgement Rate

In a decision entered just before the end of the year in the PG&E bankruptcy cases, Judge Montali issued an opinion (the “Opinion”) finding that unsecured creditors in a solvent bankruptcy case are entitled under the...more

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