Helios & Matheson Analytics, Inc., In re

Liquidating damages provision did not constitute a fine or penalty subject to subordination asit was reasonable and not grossly disproportionate to a breach injury. (Bankr. S.D.N.Y.)
Allowance of Claims or Interests; Disallowance.
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Commercial case opionion summary, case decided on September 24,2021, LexisNexis #1121-031