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Home / Opinion Digests / Court Must Reconsider ‘Substantive’ Consolidation (access required)

Court Must Reconsider ‘Substantive’ Consolidation (access required)

In rejecting substantive consolidation of bankruptcy cases filed by two affiliated entities, a parent company that owned an Alexandria condominium property and the manager of the property, the bankruptcy court erred in its analysis of related state court proceedings and failed to consider whether consolidation would better serve equitable treatment of all creditors, and the ...

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