Understanding The Rules Of Bankruptcy Cramdown

Law360, New York (September 4, 2013, 3:31 PM EDT) -- While acceptance of a Chapter 11 plan by each class of impaired claims or equity interests is required under Section 1129(a)(8) in order for the plan to be consensually confirmed under Section 1129(a), Section 1129(b)(1) provides that a plan that satisfies all of the other applicable provisions of Section 1129(a) may be confirmed despite the rejection of the plan by a class or classes....

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