In re ACA Real Estate LLC

Ruling: 
Oversecured creditor allowed interest at contract rate.
Procedural posture: 
An oversecured creditor in a chapter 11 bankruptcy case sought postpetition interest under 11 U.S.C.S. § 506(b). The parties did not dispute that the creditor was entitled to interest. What was in dispute was the interest rate that should be applied in computing the postpetition interest.
Issue: 
ABI Membership is required to access the full summary of In re ACA Real Estate LLC. Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Commercial case opionion summary, case decided on July 14,2009, LexisNexis #0909-082