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Blog Bite: Can a bankruptcy court re-characterize a promissory note debt as equity in the US?

This article United States: Tenth Circuit: Recharacterization Remedy In Bankruptcy Is Alive And Well discusses a US bankruptcy court decision which determine that promissory notes can be re-characterized as equity. The article sets out 13 factors used by the court.

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  • Promissory Note

This article is provided for informational purposes only and does not create a lawyer-client relationship with the reader. It is not legal advice and should not be regarded as such. Any reliance on the information is solely at the reader’s own risk.

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