A Look At Claim And Interest Treatment Under Ch. 11

Law360, New York (April 10, 2013, 1:09 PM EDT) -- A Chapter 11 plan must specify the treatment of claims and interests under the plan. Treatment generally refers to whether a particular class of claims or interests will be unimpaired or impaired under the Chapter 11 plan and, if the class is impaired, what, if anything, the class will receive on account of its claims or interests. The treatment of a claim or interest will depend on a number of factors, including the nature of the claim or interest, the value of the debtor, and the...
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