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Hertz Corp., In re--Wells Fargo Bank, N.A. v. Hertz Corp.

Hertz Corp., In re--Wells Fargo Bank, N.A. v. Hertz Corp.

Ruling
Bankruptcy court correctly disallowed claim for unmatured interest as it was either definitionally interest or its economic equivalent. (3d Cir.)
Issue(s)
Allowance of Claims or Interests; Disallowance; Unmatured Interest.

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Court :
Commercial opinion summary, case decided on September 10, 2024 , LexisNexis #0125-054