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United States v. State St. Bank & Trust Co.

United States v. State St. Bank & Trust Co.

Ruling
Government's recharacterization claim denied.
Issue(s)
Was the IRS entitled to have the bankruptcy court recharacterize or equitably subordinate certain secured notes issued in 1996 as part of a chapter 11 reorganization plan?

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Consumer opinion summary, case decided on October 15, 2014 , LexisNexis #1114-055