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  "documentTitle": "General Growth Properties (GGWPQ)",
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  "authorName": "Pershing Square",
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  "presentationDate": "2009-05-27 00:00:00",
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      "text": "Absent an Efficient Market: Absent an efficient market, the court is to apply a “formula approach” involving setting the rate at the prevailing prime rate plus a “risk adjustment” rate generally between 1% and 3%",
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      "text": "If There is an Efficient Market: If an “efficient” market exists for the debt, then the court may apply the “market rate,” which is the rate that the market will bear for the proposed loan",
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      "text": "In the case of Till v. SCS Credit Corp. (2004), the U.S. Supreme Court established a precedent upon which to adjust interest rates in the bankruptcy context:",
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      "text": "The Till Precedent",
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