One More Decision from the Delaware Bankruptcy Court Concerning Bankruptcy Rule 2019

27 January 2010
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This client memo discusses a recent decision in the Chapter 11 proceedings of Accuride Corporation and its affiliates in Delaware concerning the application of Bankruptcy Rule 2019, which compels a group of noteholders to disclose the claims and interests owned by the members of the group and the time and price of acquisition of these claims and interests. In addition, the court took the unusual step of directing the debtors to withhold further payments to the group pending compliance with Rule 2019.