#AdequateProtection
A beautiful summary of why Oversight Board priming DIP does not meet #adequateprotection standard of #bankruptcy code. #PREPA bondholders have right to have rates set to cover 120% of annual debt service + collect unpaid bills. cc: @PalmerBTIG @cate_long @MUDDLAW @MattWirz
November 19, 2024 at 1:26 PM
A beautiful summary of why Oversight Board priming DIP does not meet #adequateprotection standard of #bankruptcy code. #PREPA bondholders have right to have rates set to cover 120% of annual debt service + collect unpaid bills. cc: @PalmerBTIG @cate_long @MUDDLAW @MattWirz
November 18, 2024 at 3:58 PM
June 21, 2026 at 5:31 AM
June 17, 2026 at 11:04 PM