• Financial Forensics - QuickRead Featured - QuickRead Top Story

    Taking a Deeper Look into Momentive, Part 2

    Why the Choice Between Prime and Treasury Rate Matters Many bankruptcy practitioners have focused on the recent decisions in Momentive[1] that forced secured creditors to refinance prepetition loans at below market interest rates.  Most of these practitioners’ publications focus on the courts’ findings and the potential implication on future matters.  However, three interesting questions are not addressed in most (if any) of these publications.