Plaintiffs are purchasers of senior secured notes (senior notes) issued in February 2013 by defendant Global A&T Electronics Ltd. (GATE). The senior notes are secured by first-priority liens on certain assets of GATE and its subsidiaries (the collateral). The securitization and payment priority of the senior notes, relative to notes held by GATE's junior debt holders, is set forth in an intercreditor agreement (ICA) and an indenture. Under sections 1.1 (second priority...
Let's get started

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.