Premier Entertainment Biloxi LLC v. U.S. Bank National Ass'n (In Re Premier Entertainment Biloxi LLC)
445 B.R. 582 | United States Bankruptcy Court, S.D. Mississippi | 2010
Holding Summary
Noteholders are entitled to an allowed unsecured claim of $9,574,123 plus federal judgment rate interest from August 10, 2007, because the indenture's liquidated damages provisions are unenforceable as penalty clauses under bankruptcy law.
Noteholders are entitled to an allowed unsecured claim in the amount of $9,574,123.
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