All Insights

Client Alerts

Ninth Circuit Allows Oversecured Creditors to Receive Interest at Default Rate

July 09, 2008

By John Francis Hilson and Professor Stephen L. Sepinuck

In a decision favorable to secured lenders, the Ninth Circuit ruled in General Electric Capital Corp. v. Future Media Productions, Inc., that oversecured creditors are entitled to receive interest on their claims at the default rate set in their contract.

Practice Areas

Get In Touch With Us

Contact Us