The document is a court opinion from the United States Court of Appeals for the Second Circuit. It discusses standards of review in bankruptcy cases, specifically plenary review over district court affirmations of bankruptcy court decisions. It also covers contract interpretation under New York law, focusing on ambiguity and the use of extrinsic evidence. Additionally, it addresses the Bankruptcy Code's provisions on cramdowns, emphasizing the need for deferred payments to secured creditors to reflect the full value of claims with appropriate interest rates.
documents/vol00010-efta01358955-pdf.pdf
{"title":"United States Court of Appeals for the Second Circuit Decision","document_date":"2017","document_type":"legal","key_locations":["New York"],"document_subtype":"Court Opinion","key_organizations":["United States Court of Appeals for the Second Circuit"],"reference_numbers":["11 U.S.C.S. § 1129(b)(2)(A)(i)(II)"]}