Claims Trading Article
11/1/2003
This article, written by Mintz Levin Attorneys Richard E. Mikels and David Hadas, discusses the case law development in the area of bankruptcy claims trading. After a discussion of the requirements of the bankruptcy rule which relates to claims trading, the article addresses the law with regard to claims trading by parties with confidential or non-public information, claims trading in aid of hostile takeover bids or in defense of confirmation of plans of reorganization, and finally, claims trading to obtain "party in interest" standing.
This article was reprinted for the Turnaround Management Association, 2003 Roundtable Convention, and formerly published in the ABI 2000 Winter Leadership Conference, November, 2000.
