HSBC Bank USA v. UAL Corp. (In re UAL Corp.)
Oct
05
2006
Ruling
Bankruptcy court valued creditor's collateral for purposes of bifurcation.
Procedural posture
Creditor filed an adversary proceeding against chapter 11 debtor, seeking a valuation of its collateral for the purposes of bifurcating its claim pursuant to 11 U.S.C. § 506(a) into a secured portion and an unsecured portion.
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Court
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