A bird in the hand is worth two on the effective date
ABI Journal
Davis Polk partner Brian Resnick, counsel Steven Szanzer and associate Omer Netzer recently authored “A Bird in the Hand Is Worth Two on the Effective Date” in American Bankruptcy Institute Journal. Resnick, Szanzer and Netzer discuss administrative insolvency in the context of recent chapter 11 cases, namely Dean Foods.
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