In re Sagamore Partners LTD

Ruling: 
Lender that was not to be paid default rate of interest to which it was entitled could not be treated as unimpaired under plan.
Procedural posture: 
Secured lender of chapter 11 debtor filed an objection to the disclosure statement filed by the debtor in connection with its plan of reorganization.
Issue: 
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Commercial case opionion summary, case decided on July 10,2012, LexisNexis #0812-062