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Richmond Hospitality LLC, In re--Richmond Hospitality LLC v. Shaughnessy

Richmond Hospitality LLC, In re--Richmond Hospitality LLC v. Shaughnessy

Ruling
Chapter 11 debtor in possession has the rights and powers of a trustee and had standing to assert equitable subordination claim, which was sufficiently alleged. (Bankr. E.D.N.Y.)
Issue(s)
Subordination; Equitable Subordination.

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Commercial opinion summary, case decided on January 14, 2025 , LexisNexis #0325-056