Pacific Gas & Electric Company v. Ad Hoc Committee of Holders of Trade Claims
JusticiabilityDoctri
Whether a clear statement is required for the Bankruptcy-Code to depart from past-bankruptcy-practice
QUESTIONS PRESENTED 1. Whether a clear statement is required for the Bankruptcy Code to depart from past bankruptcy practice. 2. Whether an uncodified “solvent debtor” exception drawn from past bankruptcy practice survives in the Code and mandates payment of post-petition interest when the debtor is solvent (notwithstanding that the Code flatly disallows post-petition interest, 11 U.S.C. 502(b)(2)), and if so whether interest accrues at the uniform federal rate specified in 11 U.S.C. 726(a)(5), or instead accrues at rates that vary depending on uncodified equitable considerations. @)