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RUBEN PALAZZO, V. BAYVIEW LOAN SERVICING, LLC

Summarizing by Bradley Pearce

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HSBC Bank USA v. Bank of New York Mellon Trust Co. (In re Bank of New England Corp.)

Citation:
HSBC Bank USA v. Bank of New York Mellon Trust Co. (In re Bank of New England Corp.), No. 10-1456 (1st Cir. June 23, 2011)
Ruling:
Under New York law and New York custom and practice, a senior debt holder is not entitled to receive post-petition interest unless a subordination agreement expressly provides that the senior debt...
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