Momentous Decision in Momentive Performance Materials Part IV: Make-Wholes and Third Party Releases

http://ift.tt/X7ZEKn This is the last entry in our four-part series analyzing Judge Drain’s widely read bench ruling issued on August 26, 2014 in connection with the confirmation hearing of Momentive Performance Materials and its affiliated debtors. In Parts I and II, we discussed Judge Drain’s conclusions regarding the appropriate calculation of cramdown interest rates for secured […]

via Weil Bankruptcy Blog http://ift.tt/1mX8YGU