Blog Bite: Will higher post-default interest rates on promissory notes be enforced in the US?

This article United States: Recent Ninth Circuit Court Of Appeals Decision Renders Entz-White Void: Default Interest Can Be Collected By Secured Creditor In Connection With A Cure Under Chapter 11 Plan discusses a court decision from the 9th circuit (U.S.) dealing with the question of whether the stated higher rate of post-default interest would be enforceable under a c. 11 plan.

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Written by Chris.