Try our Advanced Search for more refined results

Expert Analysis

A Lesson On Good Faith Artificial Impairment

Law360, New York (December 12, 2011, 10:12 AM EST) -- One of the most frequent questions asked by a secured creditor or potential buyer of a secured note is whether a debtor, through a Chapter 11 plan, can modify the terms of the note. The answer always includes recitation of the plan confirmation requirements of section 1129, such as the best interest test, the absolute priority rule, etc. One of the plan confirmation requirements, having an impaired class which votes, not counting insiders, for the plan (1129(a)(10)) just may have gotten easier to satisfy....

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Related Sections

Law Firms

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!