<p>Brad Scheler and Alan Resnick write about a recent bankruptcy court decision regarding the recharacterization of debt to equity</p>

Brad Scheler and Alan Resnick write about a recent bankruptcy court decision regarding the recharacterization of debt to equity

In a February 2007 Private Equity Manager article, New York partner Brad Scheler and of counsel Alan Resnick write an article regarding a recent bankruptcy court decision in the Chapter 11 proceedings of Radnor Holdings Corp., where the court ruled that a holder of both debt and equity in the company was not subject to recharacterization of its debt to equity.

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