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Section 1129(a)(9)(A) Trumps DIP Orders

By Myles MacDonald on April 3, 2017
Posted in Bankruptcy, Bankruptcy Litigation, Recent Developments

Traditional DIP Order Carve Outs Do Not Cap the Administrative Claims of Committee Professionals

On January 5, 2017, Judge Sontchi of the Bankruptcy Court for the District of Delaware issued an opinion (the “Opinion”) in the pending Molycorp Chapter 11 case (Case No. 15-11357).  In re Molycorp, Inc., 562 B.R. 67 (Bankr.…

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