James J. Niemeier

McGrath North is proud to announce that it has achieved significant recognition by Best Lawyers® in their 2026 edition. This year, 47 of our attorneys have been honored across 61 distinct practice areas in The Best Lawyers in America®, and 14 of our attorneys have been recognized in The Best Lawyers: Ones to Watch® across 21 practice groups. This recognition showcases the firm’s deep expertise and commitment to delivering exceptional legal services, as well as highlighting the exceptional abilities and potential of our emerging leaders in the legal field.  

McGrath North is proud to announce that it has achieved significant recognition in the latest editions of both The Best Lawyers in America® and Best Lawyers: Ones to Watch® in America. In the 31st edition of The Best Lawyers in America®, 45 of our attorneys have been honored across 60 distinct practice areas, showcasing the firm’s deep expertise and commitment to delivering exceptional legal services.  

When a borrower files for bankruptcy, one of the key issues in the case is often whether the borrower’s bankruptcy plan proposes making payments to its secured lender that have a present value of at least the allowed amount of the lender’s secured claim. The need to calculate present value often gives rise to disputes about the appropriate discount rate to be used in making the calculation.  

With chapter 11 bankruptcy filings on the rise, all businesses are expected to begin feeling the impacts this year. This article provides a summary of significant changes to the bankruptcy code that lenders should be aware of as they navigate anticipated increased bankruptcy filings from borrowers.