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Email On August 29, 2022, the Court of Appeals for the Ninth Circuit held in Ad Hoc Comm. of Holders of Trade Claims vs. Pacific Gas and Elec. Co. (In re PG&E Corp.) that when a debtor is solvent, a creditor may be entitled to receive interest at the contract rate (subject to equitable considerations), rather than at the federal judgment rate. https://www.cadwalader.com/resources/clients-friends-memos/the-ongoing-solvent-debtor-debate--divided-ninth-circuit-panel-holds-that-pge-creditors-are-entitled-to-contract-rate-of-interest