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Bankruptcy Essays

Transnational Corporate Restructuring Law

Part 1 (A) – Introduction When a judge disregards creditor arguments and approves a borrower’s restructuring plan, provided it is fair and transparent, this is referred to as a “cram down.” If a court approves the reorganization plan but not the conditions, the court may compel creditors to accept the terms. For many years, firms in ... Read More
Pages: 9       Words: 2372
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