Tag Archives: 13 Civ. 01582

Judge Engelmayer Rules Chesapeake Can Redeem $1 Billion in Notes Early

Judge Engelmayer yesterday ruled, following a bench trial, that Chesapeake Energy could redeem over $1 billion in notes. The central question was whether Chesapeake was required to complete the redemption in a specified contractual window — effectively requiring the process to begin beforehand — or whether notice in the timeframe would suffice. (For our prior … Continue Reading