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Bennett G. Young

Corporate Summertime blues: corporate finance faces a financial reporting reckoning

This was first published in IFLR on July 21, 2025.  Summertime blues: corporate finance faces a financial reporting reckoning Borrowers and lenders can plan ahead of the curve amid financial pressures Summer is just at the half-way point, but financial reporting for many borrowers for second quarter is still around the corner. Given market volatility, […]

Bankruptcy Can a Plan of Reorganization Separately Classify a Claim That Is Personally Guaranteed?

Recently, we’ve been seeing debtors try to confirm cram down plans of reorganization that are unfavorable to the secured creditor by “gerrymandering” the class of unsecured claims. The typical situation finds the secured creditor holding an undersecured loan. Under Section 506(a) of the Bankruptcy Code, the secured creditor’s claim is automatically bifurcated into a secured […]