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RetromanIE
28-08-2013, 12:12
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A Cautionary Tale For Insider Lenders: Ninth Circuit Endorses ... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHct6TqTblviJcF2n2VRdWGR-tA6A&url=http://www.mondaq.com/unitedstates/x/259960/Insolvency%2BBankruptcy/A%2BCautionary%2BTale%2Bfor%2BInsider%2BLenders%2B Ninth%2BCircuit%2BEndorses%2BRecharacterization%2B Remedy%2Bin%2BBankruptcy)
Mondaq News Alerts (registration)
1986). Pacific Express has been widely criticized, however, for failing to distinguish between equitable subordination and recharacterization. See, e.g., In re Daewoo Motor America, Inc., 471 B.R. 721 (Bankr. C.D. Cal. 2012); In re The 3Do Co., 2004 Bankr.

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