Post-insolvency interest.

CFR · 2024-01-01 · US · Title 12

(a) (i) The date of the appointment of the Corporation as receiver for the covered financial company; or (ii) In the case of a claim arising or becoming fixed and certain after the date of the appointment of the receiver, the date such claim arises or becomes fixed and certain. (b) (c) (d) (2) Post-insolvency interest distributions shall be made at such time as the Corporation as receiver determines that such distributions are appropriate and only to the extent of funds available in the receivership estate. Post-insolvency interest shall be calculated on the outstanding principal amount of an allowed claim, as reduced from time to time by any interim distributions on account of such claim by the receiver.

official document · source cfr-2024 · id 12:§ 380.25