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Murray Metallurgical Coal Holdings, LLC, In re

Murray Metallurgical Coal Holdings, LLC, In re

Ruling
Creditor could not elect to treat its claim as fully secured where collateral was being soldunder the plan and forfeited any right it had to credit bid on the collateral alone when itconsented to the bidding procedures. (Bankr. S.D. Ohio)
Issue(s)
Claims and Interests; Claims Secured by Liens; Election of Secured Status.

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Commercial opinion summary, case decided on August 08, 2020 , LexisNexis #0920-068