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Bankruptcy – Contract – Subordination – Creditor’s Voting Rights (access required)

In re Croatan Surf Club, LLC Although two creditors entered into a subordination agreement, the junior creditor nevertheless retains its voting rights in the debtor’s bankruptcy. The court denies creditor Royal Bank America’s (RBA’s) motion to vote the claim of creditor Edwards Family Partnership, L.P. (EFP).
By North Carolina Lawyers Weekly Staff 
Published: November 2, 2011
Time posted: 3:15 pm
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